• Coins MarketCap
    • Coins MarketCap
    • Crypto Calculator
    • Top Gainers and Loser of the day
  • Crypto Exchanges
  • Bitcoin News
  • Crypto News
    • Cryptocurrency
    • Blockchain
    • Finance
    • Investing
    • View all latest Updates regarding crypto
Monday, February 6, 2023
WIREOPEDIA
No Result
View All Result
Contribute!
CONTACT US
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
WIREOPEDIA
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
No Result
View All Result
WIREOPEDIA
No Result
View All Result
Home Politics

Manchin issues warning about rising inflation, as clock ticks on social spending bill

wireopedia memeber by wireopedia memeber
December 14, 2021
in Politics, World
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Sen. Joe Manchin (D-W.Va.) expressed concern Tuesday about rising inflation and warned his party about the need to carefully craft its social spending bill.

You might also like

Ski guide and snow plough driver among at least eight killed in Alps avalanches

Former Newcastle United star among missing following Turkey earthquake

Terrifying video shows block of flats collapse in less than ten seconds

During a Wall Street Journal CEO Council Summit, Manchin indicated that he is still waiting on final text before making a decision on whether to support the Democrats’ $1.7 trillion proposal. But he reiterated his unease about the state of the economy.

“The unknown we’re facing today is much greater than the need that people believe in this aspirational bill that we’re looking at and we’ve got to make sure we get this right,” Manchin said.

Manchin noted that the Democrats’ social spending bill would amount to “major changes” in policy on taxes, climate and social services. While Democrats have brought down the price tag of the social spending bill to $1.7 trillion from $3.5 trillion, the West Virginia Democrat said Democratic leadership only changed the amount of time the policies would last.

“One goes for three years, one goes for one year … one might go for the full 10 years, do they not intend for those programs to last the full 10 years?” Manchin asked. “Well if you don’t intend for that to happen, what’s the real cost? Because we’re either going to debt-finance it if we’re not going to pay for it or come back and change the tax code again.”

Manchin’s comments come as Senate Majority Leader Chuck Schumer is pushing for the Senate to finish up the legislation before the chamber leaves for the holidays. But the social spending bill still needs to undergo a so-called “scrub” by the Senate parliamentarian, to ensure that it complies with Senate rules.

And the fate of certain provisions remains uncertain. Manchin opposes including paid family leave in the social spending bill, arguing that any proposal should be bipartisan. In addition, Senate Democrats are pushing to include some type of immigration reform in the social spending bill. Those discussions could go into next week, leaving a tight window before Christmas.

Democrats will need Manchin’s vote to move forward on the social spending bill, and some Democrats are pushing for Schumer to put the legislation on the floor, even without a public commitment from Manchin. The West Virginia Democrat told reporters this week that he doesn’t control the floor schedule and that it’s up to Democratic leadership to decide when to hold the vote.

But Manchin also argued he’s been consistent and his colleagues shouldn’t be surprised by his position in the same way they are not surprised by the progressive positions of Sen. Bernie Sanders (I-Vt.). Manchin added that he has no intention of leaving the party.

“The only thing I’ve told my colleagues, I said that if you guys are upset, just go out and elect more liberals, I’m not liberal,” he said. “I don’t know what to tell you, I love you all, I’m just not. I don’t try to change Bernie. Bernie is true to himself, I respect and appreciate that. Why do they want to change me?”

Read Entire Article
Tags: Breaking NewsPoliticoWorld
Share30Tweet19
wireopedia memeber

wireopedia memeber

Recommended For You

Ski guide and snow plough driver among at least eight killed in Alps avalanches

by wireopedia memeber
February 6, 2023
0

At least eight people including a snow plough driver and a ski guide were killed in avalanches in the Alps over the weekend.

Read more

Former Newcastle United star among missing following Turkey earthquake

by wireopedia memeber
February 6, 2023
0

Newcastle United say they are "praying for some positive news" amid reports that their former player Christian Atsu is among those trapped under rubble following this morning's earthquake...

Read more

Terrifying video shows block of flats collapse in less than ten seconds

by wireopedia memeber
February 6, 2023
0

A huge rumbling crash, screeches of buckling metal and shouts from people running away can be heard in dramatic footage of a seven-storey building collapsing in Turkey.

Read more

Woman arrested after three children stabbed in Huddersfield

by wireopedia memeber
February 6, 2023
0

A woman has been arrested on suspicion of attempted murder after three children were seriously injured in a stabbing in Huddersfield.

Read more

NHS walkouts ‘badge of shame for government’, says Starmer

by wireopedia memeber
February 6, 2023
0

Widespread NHS strikes are "a badge of shame for the government", Sir Keir Starmer has said.

Read more
Next Post

German savings banks want to enable Bitcoin for 50M clients

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Dog seen carrying severed human arm leads police to decapitated body

November 8, 2022

McDonald’s NFT: When McDonald’s Launched The McRib As An NFT

January 11, 2022

Easter Island statues suffer ‘irreparable’ damage in fire

October 7, 2022

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • US News
  • World
WIREOPEDIA

Wireopedia is an automated news feed. The Wireopedia AI pulls from sources with different views so you can see the various sides of different arguments and make a decision for yourself. Wireopedia will be firmly committed to the public interest and democratic values.

Privacy Policy     Terms and Conditions

CATEGORIES

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • US News
  • World

BROWSE BY TAG

Bitcoin Bitcoinist Bitcoinmagazine Blockchain Blockonomi Breaking News Business BuzzFeed Celebrity News Coin Surges Cointelegraph Cryptocurrencies Cryptoslate Defense Entertainment Health Care insidebitcoins Market Stories newsbtc Politico Skynews Strange Technology Trading UK US World

RECENT POSTS

  • Ski guide and snow plough driver among at least eight killed in Alps avalanches
  • Former Newcastle United star among missing following Turkey earthquake
  • Bored Ben Affleck, blushing Adele and unrecognisable Madonna – the seven best bits of the Grammys
  • South Korea Starts To Define Cryptocurrencies As Legislation Approaches
  • Oxford PhD Student Jailed For Defrauding Investors Of $2.6 Million In Crypto

© 2022 WIREOPEDIA - All right reserved.

No Result
View All Result
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
  • Contribute!

© 2022 WIREOPEDIA - All right reserved.

  • bitcoinBitcoin(BTC)$22,907.00-0.72%
  • ethereumEthereum(ETH)$1,632.03-0.69%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$328.510.59%
  • usd-coinUSD Coin(USDC)$1.000.33%
  • rippleXRP(XRP)$0.399174-0.42%
  • binance-usdBinance USD(BUSD)$1.000.46%
  • cardanoCardano(ADA)$0.3913800.13%
  • dogecoinDogecoin(DOGE)$0.091880-0.11%
  • okbOKB(OKB)$43.821.11%
  • matic-networkPolygon(MATIC)$1.20-0.34%
  • solanaSolana(SOL)$23.16-2.05%
  • shiba-inuShiba Inu(SHIB)$0.000014-0.66%
  • staked-etherLido Staked Ether(STETH)$1,626.69-0.83%
  • polkadotPolkadot(DOT)$6.690.91%
  • litecoinLitecoin(LTC)$96.730.11%
  • avalanche-2Avalanche(AVAX)$20.15-0.40%
  • tronTRON(TRX)$0.063642-0.80%
  • daiDai(DAI)$1.00-0.09%
  • uniswapUniswap(UNI)$6.81-1.66%
  • cosmosCosmos Hub(ATOM)$14.42-0.43%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$22,872.00-0.69%
  • chainlinkChainlink(LINK)$6.97-0.41%
  • bitcoin-cashBitcoin Cash(BCH)$133.47-0.61%
  • stellarStellar(XLM)$0.0915870.10%
  • crypto-com-chainCronos(CRO)$0.080635-1.35%
  • nearNEAR Protocol(NEAR)$2.36-0.74%
  • filecoinFilecoin(FIL)$5.300.57%
  • algorandAlgorand(ALGO)$0.2582600.14%
  • vechainVeChain(VET)$0.024240-0.21%
  • axie-infinityAxie Infinity(AXS)$10.95-0.14%
  • elrond-erd-2MultiversX(EGLD)$44.92-0.53%
  • terra-lunaTerra Luna Classic(LUNC)$0.0001852.39%
  • compound-ethercETH(CETH)$32.65-1.68%
  • terrausdTerraClassicUSD(USTC)$0.0322421.62%
  • ftx-tokenFTX(FTT)$1.91-20.60%