This week, Joe Biden and Senator Joe Manchin (D-W.V.) had a sit down to hash out their difference on the Build Back Better Plan.
Manchin appears to have stuck to his guns, dealing Biden a fairly devastating blow to the idea that BBB would be signed before the end of the year.
Some now believe the entire piece of legislation could now be dead.
Very Far Apart
Reports broke around midday yesterday that the talks between Manchin and Biden were not going well.
Manchin is now hung up on the Child Tax Credit, and he does not appear willing to move on it…
Talks between Manchin and Biden are NOT going well on Build Back Better, per source familiar with talks. A huge sticking point: the Child Tax Credit. Manchin wants it cut. Source says he wants to “zero it out.” They are “very far apart,” source says.
— Manu Raju (@mkraju) December 15, 2021
The key point to this is that Manchin wants a work requirement included in the bill, but the Democrats and Joe Biden are against it.
Manchin is digging in, which makes this a non-starter at this point.
After the news broke, the media immediately attacked Manchin, claiming he was against the child tax credit, which he is not.
Manchin simply wants a work requirement attached to the bill.
When the media misrepresented his position, Manchin went ballistic…
“This is bullshit. You’re bullshit,” Joe Manchin just told me
— Arthur Delaney 🇺🇸 (@ArthurDelaneyHP) December 15, 2021
This, along with the CBO score that stuck a $3 trillion price tag on the legislation, has Senator Lindsey Graham (R-S.C.) believing the legislation is now completely dead.
Graham stated, “The [Congressional Budget Office] and the inflation number last Friday, I think, killed Build Back Better.
“They were trying to pass a lie. And God Bless Joe Manchin for sticking to his guns.”
Graham also complimented the CBO for putting out an honest report on the cost of the legislation.
He stated, “Build Back Better was the signature issue of the radical left,” Graham said. “It died in the Senate because the CBO, which I do not control … I laugh when I hear Democrats say it’s a fake number, the CBO number … it used to be the gold standard. I haven’t hypnotized the CBO.
“[The CBO looks] at the bill as if all of the programs, like the child tax credit, go for 10 years, not one year. The child tax credit over 10 years is $1.6 trillion over 10 years. The bill written in the Senate is a lie. The CBO exposed that lie, and when it comes to deficit spending, it’s $3 trillion to the deficit.”
If this bill is truly dead, it will be a crushing blow to Democrats.
While it will actually save them the embarrassment of having to explain an increase in the deficit in three years, the party was hanging its hat on this legislation.
Dems surely had all kinds of spin ready to go for that situation to blame the costs on Republicans, but they can store them for the foreseeable future.
Let’s just hope Graham’s prediction comes true and BBB is truly dead.