Build Back Better has been scaled down, but Joe Biden gets to write another massive check thanks to Senator Joe Manchin (D-W.V.).
Manchin held stiff, but we had predicted many times that it was only a matter of time before Schumer wore him down.
That happened on Wednesday, and now Joe Biden gets his legislation passed.
After the first reconciliation package, Manchin said he would not do it again, but he has.
It is not the $3 trillion plan that Biden wanted, but it will still cost us a fortune.
There is a big corporate tax hike that will end up coming back on regular American citizens and there are plenty of freebies in there as well.
You would think everyone learned their lesson the first time, but now they are printing more money, adding fuel to this recession fire.
Manchin tried to sell it as the right thing, stating, “For too long, the reconciliation debate in Washington has been defined by how it can help advance Democrats’ political agenda called Build Back Better.
“Build Back Better is dead, and instead we have the opportunity to make our country stronger by bringing Americans together.”
Senator John Cornyn (R-TX) responded, “Senate Democrats can change the name of Build Back Broke as many times as they want, it won’t be any less devastating to American families and small businesses.
“Raising taxes on job creators, crushing energy producers with new regulations, and stifling innovators looking for new cures will only make this recession worse, not better.”
Senator John Barrasso (R-WY) added, “With inflation at a 41-year high and a looming recession, Democrats want higher taxes, more government spending, and to attack American energy.
“So much for helping American families.”
Get ready to dig deeper into your pocket because you are going to need it.
Source: Fox News