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U.S. President Joe Biden suffered a major setback in his bid to raise $ 1.75tn, after Joe Manchin, a key Democratic senator in West Virginia, rejected the package.
“I can not vote to continue with this policy. I cannot. “This is not the case,” he added.
Biden last week acknowledged that the legal process – which makes a lot of money on child care, education and coping with climate change – could continue for several weeks, although he still hopes to “resolve our differences” with Manchin by the end.
However, Manchin’s comments suggest that the West Virginia senator could break the bill by completely opposing it, or seeking a radical change and a reduction in the rules.
In a statement issued on Sunday, Manchin sharply criticized the law: “Our Democratic colleagues in Washington are determined to reform our country in a way that puts our country at risk.”
“I can’t take this risk with a huge debt of more than $ 29 trillion and cheap taxes that are real and harmful to any American who works hard at oil pumps, grocery stores and unlimited spending.”
Manchin, who has long been a thorn in the side of government, represents a stable country, has warned that the money could boost inflation and increase US debt. This view was strongly criticized by the White House and other Democrats as the legislation was largely offset by the high tax rates of wealthy companies and seniors.
Manchin’s position is particularly difficult because the US Senate is divided over the same, with 50 Democrats and 50 Republicans. of Build Back Better, since it has no Republican support. The BBB has already passed the US House of Representatives.
Failure to comply with Biden’s plan could undermine the President’s long-held hopes of enacting legislation to rehabilitate the domestic economy in the US – many of which were designed to facilitate public participation in women’s work, reduce inequality, and foster green power.
It will also have major global developments – as a number of factors are needed to meet the US objectives set out in the COP26 period as well as OECD negotiations to reform the global corporate tax system.
With Manchin’s help, Biden has continued to spend more than $ 3tn on fiscal legislation since taking office last January, including a $ 1.9tn promotion plan in March, and $ 1.2tn of construction spending passed last month. But the BBB rules were crucial to the Democratic wing of the progressive party, and its long purgatory on Capitol Hill is at risk of escalating tensions between the White House and Biden.
Bernie Sanders, a key member of the Senate, criticized Manchin on Sunday for voting in the by-elections.
“If they do not have the courage to do what is right for working families in West Virginia and America, let them not vote in front of the rest of the world,” Bernie Sanders, Vermont senator, told CNN.
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