Reports are breaking all over the place and it is not good for Republicans and conservatives.
Rep. Richard Neal (D-MA) is telling outlets that Senator Sinema (D-AZ) is ready to talk.
According to Neal, Sinema conceded that allowing Biden’s deal to fail is no longer an option.
Getting On Board
Neal claims to have spoken directly to Sinema on this front.
He stated, “I started the conversation with that. I said, ‘Kyrsten, this has got to pass.’ She said, ‘I couldn’t agree more.'”
According to recent reports, Sinema’s biggest stick point, at least for now, is the excessive taxes in the legislation aimed at corporations.
Neal, on this front, stated, “I made the argument for efficiency in tax policy, and the way you do that is simplicity of corporate increases, and pointed out that not only are they efficient, but they weren’t punitive — [that] this was still good pro-growth economics.”
Regarding limiting offshore tax havens, he stated, “I think that what the Ways and Means Committee accomplished on the international side makes a great deal of sense.
“And 15 percent was a reasonable level.
“I made the argument for it again in terms of efficiency, harmonization and the fact that 146 nations around the world have agreed to our proposal.”
The other piece to this puzzle is obviously Senator Manchin (D-W.V.), who seems to disagree that a deal is about to be put in place.
Manchin, on Thursday, stated, “This is not going to happen anytime soon, guys.”
He added, “There’s a lot of details.
“Until you see the text and the fine print, it’s pretty hard to make final decisions.”
Once this hurdle is passed, the only thing left for Democrats to do is get progressives on board with the legislation.
There is still some back and forth regarding fewer programs for more time or more programs with less time with that faction of the party.
The clock is ticking here, however, as Pelosi put a self-imposed deadline of October 31.
If they fail to meet that deadline, more stop-gap measures will have to be passed to avoid shutdowns.
If Dems can all get on the same page, unfortunately, there is nothing Republicans can do to stop them.
Just as bad as Democrats being able to pass this legislation is that it could give Biden a swing in the polls and see him shoot up dramatically, which could significantly impact the 2022 elections.
