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#Child Tax Credit
liberalsarecool · 3 months
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Republicans see the world through the lens of rape culture enabling billionaires.
In GOP world, rapists need rights. Abusive billionaires need more advantages. Safety nets must be destroyed to fatten top 1% tax cuts.
Vote Blue.
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batboyblog · 3 months
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Things Biden and the Democrats did, this week.
January 19-26 2024
The Energy Department announced its pausing all new liquefied natural gas export facilities. This puts a pause on export terminal in Louisiana which would have been the nation's largest to date. The Department will use the pause to study the climate impact of LNG exports. Environmentalists cheer this as a major win they have long pushed for.
The Transportation Department announced 5 billion dollars for new infrastructure projects. The big ticket item is 1 billion dollars to replace the 60 year old Blatnik Bridge between Superior, Wisconsin, and Duluth, Minnesota which has been dangerous failing since 2017. Other projects include $600 million to replace the 1-5 bridge between Vancouver, Washington, and Portland, Oregon, $427 million for the first offshore wind terminal on the West Coast, $372 million to replace the 90 year old Sagamore Bridge that connects Cape Cod to the mainland,$300 million for the Port of New Orleans, and $142 million to fix the I-376 corridor in Pittsburgh.
the White House Task Force on Reproductive Healthcare Access announced new guidance that requires insurance companies must cover contraceptive medications under the Affordable Care Act. The Biden Administration also took actions to make sure contraceptive medications would be covered under Medicare, Medicaid, CHIP, and Federal Employee Health Benefits Program. HHS has launched a program to educate all patients about their rights to emergency abortion medical care under the Emergency Medical Treatment and Labor Act. This week marks 1 year since President Biden signed a Presidential Memorandum seeking to protect medication abortion and all federal agencies have reported on progress implementing it.
A deal between Democrats and Republicans to restore the expand the Child Tax Credit cleared its first step in Congress by being voted out of the House Ways and Means Committee. The Child Tax Credit would affect 16 million kids in the first year and lift 400,000 out of poverty. The Deal also includes an expansion of the Low-Income Housing Tax Credit which will lead to 200,000 new low income rental units being built, and also tax relief to people affected by natural disasters
The Senate Foreign Relations Committee voted for a bill to allow President Biden to seize $5 billion in Russian central bank assets. Biden froze the assets at the beginning of Russia's war against Ukraine, but under this new bill could distribute these funds to Ukraine, Republican Rand Paul was the only vote against.
The Senate passed the "Train More Nurses Act" seeking to address the critical national shortage of nurses. It aims to increase pathways for LPNs to become RNs as well as a review of all nursing programs nationally to see where improvements can be made
3 more Biden Judges were confirmed, bring the total number of Judges appointed by President Biden to 171. For the first time in history the majority of federal judge nominees have not been white men. Biden has also appointed Public Defenders and civil rights attorneys breaking the model of corporate lawyers usually appointed to life time federal judgeships
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“Republicans and a few Democrats — most prominently, Sen. Joe Manchin of West Virginia, laboring under the delusion that poor families would spend the money on drugs — refused to extend the expanded credit. The effects were once again immediate, but this time chilling: The child poverty rate more than doubled in 2022 to 12.4%, and over five million children fell back into poverty.”
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mysharona1987 · 1 year
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The sad impact of the end of the Child Tax Credit.
Joe Manchin and republicans assumed they were simply spending it on drugs.
They are, objectively, terrible people.
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Trump has ordered Senate Republicans to block this and other bills to keep Biden from getting a win. Clearing the House isn’t a guarantee it will become law thanks to Trump’s actions.
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tomorrowusa · 1 month
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Trump's most famous promise was to make Mexico pay for his squalid and corrupt border wall.
Amount collected from Mexico: 0 centavos.
Trump did give tax breaks to billionaires while giving COVID-19 to much of the rest of the country.
Trump's promises are as worthless as degrees from Trump University.
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A new analysis out Friday confirms that the number of U.S. households with kids that report not having enough food to eat has surged in the months since corporate Democratic Sen. Joe Manchin of West Virginia joined Senate Republicans in refusing to extend the expanded Child Tax Credit benefit beyond mid-December.
"Continuation of the advance CTC payments could help children avoid food insufficiency, with immediate and lifelong personal and societal benefits."
Data from the Household Pulse Survey (HPS), a nationally representative internet survey conducted by the U.S. Census Bureau, shows that from April 27 to May 9, 15% of households with children reported food insufficiency—defined as sometimes or often not having enough food to eat in the past week. In early August, the percentage of families with kids that reported struggling with hunger was roughly 9.5%.
Food has become more expensive in recent months as a handful of corporate grocery giants and meat, egg, and dairy conglomerates have raised prices while cutting frontline worker pay and raking in record profits amid the ongoing COVID-19 pandemic. But Manchin and the GOP's decision to allow the enhanced CTC benefit to expire at the end of last year is making it even harder for millions of families to make ends meet.
Right-wing lawmakers let the enlarged CTC lapse despite ample evidence that the popular measure improved the lives of children nationwide. In January, the first month since July 2021 that eligible families didn't receive a monthly payment of up to $300 per child, 3.7 million kids were thrown into poverty.
In a guest blog post published Friday by the Economic Policy Insitute, Julia Raifman, assistant professor at Boston University School of Public Health, and Allison Bovell-Ammon, Director of Policy Strategy for Children's HealthWatch at Boston Medical Center, wrote:
"In prior work using HPS data, we found that the advance CTC was associated with a 26% decrease in food insufficiency in households with children relative to households without children. Our findings were consistent with those of other researchers, who found that the advance CTC was associated with a 25% decline in poverty and improved dietary quality for children.
In a new pre-print using HPS data, we find expiration of the advance CTC was associated with a 12% increase in food insufficiency in households with children relative to households without children by February—and rates of food insufficiency continued to climb since February."
"While HPS data are not directly comparable to data collected prior to the pandemic," Raifman and Bovell-Ammon noted, "rates of food insufficiency in March–April 2022 were about three to four times pre-pandemic levels."
"Food insufficiency among families with children poses a short- and long-term moral and economic threat to the United States," they wrote. "Even brief disruptions in access to food can have lasting consequences."
The pair continued: "Not having enough to eat often disrupts children's cognitive and emotional development and education. This was the case for a child who disclosed that the reason she was fidgeting and not paying attention in class was that she did not have enough food to eat. There may be lifelong ramifications of not having enough to eat in childhood, including increased likelihood of poor health outcomes and avoidable medical expenditures across the lifespan."
Despite Manchin's baseless and dehumanizing claim that parents would use federal cash to buy drugs, Raifman and Bovell-Ammon pointed out that several analyses "indicate families with low incomes overwhelmingly used advance CTC payments on basic needs for children, including food, rent, utilities, clothing, and educational costs. There is also no evidence suggesting a reduction in employment among parents in families receiving CTC payments."
It's not too late, Raifman and Bovell-Ammon stressed, for Manchin and the GOP to change course.
"As Congress turns its attention to the next reconciliation package, there is an opportunity to reinstate the expanded CTC monthly payments," the pair wrote. "Amidst continued inflation, rising food insufficiency in households with children, and the COVID-19 pandemic continuing to affect work, health, and the economy, continuation of the advance CTC payments could help children avoid food insufficiency, with immediate and lifelong personal and societal benefits."
"The most recent wave of HPS data," Raifman and Bovell-Ammon noted, "show that food insufficiency is concentrated in the lowest-income households with children."
"Implementing an expanded CTC without exclusions due to work or immigration status will best reach children in families with the greatest need, to the benefit of all children and society," they added. "While some policymakers have considered work requirements to receive CTC benefits, such requirements carry an administrative burden for states and families that often prevents those who most need benefits from receiving them and results in negative outcomes."
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uboat53 · 3 months
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This is awesome! They paired one of the best Democratic ideas with a few of the best Republican ideas and paid for it by ending a program that basically didn't work in the first place! Hopefully Congress can get it together to pass this.
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gwydionmisha · 9 months
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I don't have kids. I will never have kids. I am 100% for making Child Tax Credit Permanent. It does so much good.
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personal-blog243 · 3 months
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theculturedmarxist · 2 years
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Sen. Sherrod Brown (D-OH) was caught on a hot mic snapping “Come on, Bernie” early Sunday as tensions flared on the Senate floor over Vermont Independent Sen. Bernie Sanders’ bid to replenish the child tax credit.
Sanders offered the amendment, which would have raised the corporate tax rate from 21% to 28%, during the “vote-a-rama” session where Democrats pushed to pass their massive tax, health care and climate bill, dubbed the “Inflation Reduction Act.”
“This is the wealthiest nation on Earth, we should not have the highest rate of childhood poverty of almost any country,” Sanders said in remarks from the floor.
Sanders’ move to push for the tax credit of $300 per month for the next five years after it lapsed near the end of 2021, drew pushback from Democrats he caucuses with, who noted they couldn’t support it as they focused on pushing through the full bill, which later passed 51-50, with Vice President Kamala Harris casting the tie-breaking vote.
“We know that this is a fragile arrangement, and we’ve got to pass it — as much as I’d like to do [a corporate tax increase],” Brown said.
His time elapsed but he was caught saying “Come on, Bernie!” on his mic, according to Mediaite.
Sen. Michael Bennet, of Colorado, also said voting with Sanders “could lose the underlying bill.”
The amendment failed 1-97, with only Sanders backing it. 
Brown and Bennet both have long advocated putting the tax credit back in place, but rebuffed Sanders’ appeal because they said it threatened the passage of the Inflation Reduction Act, according to The Hill.
The child tax credit was included in the American Rescue Plan passed last year.
Other amendments proposed by Sanders were also rejected overwhelmingly, including greatly expanding the bill’s number of prescription drugs eligible for price negotiation under Medicare for the elderly and widening Medicare coverage for eyeglasses, hearing aids and dental care.
Sanders was less than thrilled with the overall substance of the bill.
BERNIE SANDERS on the “so-called Inflation Reduction Act”: “According to the CBO and other economic organizations that have studied this bill, it will, in fact, have a minimal impact on inflation.” pic.twitter.com/gE9H2cJIgg— RNC Research (@RNCResearch) August 6, 2022
“I want to take a moment to say a few words about the so-called ‘Inflation Reduction Act’ that we are debating this evening,” Sanders said Saturday night. “And I say ‘so-called’ by the way because according to the (Congressional Budget Office) and other economic organizations that have studied the bill it will have a minimal impact on inflation.”
Debate on the $433 billion legislation opened Saturday when Harris broke a tiebreaker in the Senate chambers, clearing a hurdle for the Senate to pass the bill and send it to the House for a vote.
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mycpe · 1 day
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Child Tax Credit 2024: Updates and Impact on Families
Explore the 2024 Child Tax Credit changes and their potential impact on American families, including financial benefits.
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sab-cat · 1 month
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Mar 25, 2024
During the pandemic, lawmakers dramatically, but temporarily, expanded the social safety net, including more money for families with children. The impacts of those changes are still being felt and debated to this day. Amna Nawaz and producer Sam Lane report on that for our series, America’s Safety Net....
In 2021, the national child poverty rate dropped to its lowest level on record, 5.2 percent, down from almost 10 percent in 2020. The poverty gap between white children and children of color also shrank dramatically. The Census Bureau estimated that, in total, the CTC expansion lifted more than two million children out of poverty....
Matt Weidinger [senior fellow at the conservative American Enterprise Institute]: We have continued to make strides. We obviously didn't make as many strides as when the government was literally forcing cash into families' pockets in the name of pandemic relief, But the progress against poverty has continued over time.
Democrats in 2021 said, let's just eliminate any connection of this benefit with work and say everybody gets the same benefit no matter what. That eliminates a work requirement. And, in effect, it revives a welfare system that was eliminated a generation ago.
I think it's appropriate that benefits like the CTC that have always been connected to work remain connected to work.
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@MatttDavies :: Ground Game http://Newsday.com/matt
* * * *
All eyes on Congress.
February 2, 2024
ROBERT B. HUBBELL
There is plenty of activity in the halls of Congress (for a change). Whether that activity will result in anything tangible—good or bad—for the American people remains to be seen. The landscape is complicated by the fact that House Republicans are trying to leverage their 3-vote majority to link unrelated issues—like supplemental funding for Ukraine, Israel, and immigration reform. Also linked are child tax credits, business deductions, and an increase in deductions for state and local taxes—deductions that were limited under Trump to punish taxpayers in blue states.
The common theme in these disputes is this: Democrats are seeking to advance the interests of middle-class and poor Americans and the national security of the United States. Republicans are seeking to protect the wealthiest Americans and major corporations—so long as those goals advance Donald Trump's political interests.
Let’s take a look at several issues that are on Congress’s calendar in the next week.
Child tax credit vs. tax breaks for big business.
In yesterday’s newsletter, I described the tax bill approved by the House that includes an expanded child tax credit and resurrects business deductions eliminated as part of Trump's $3.5 trillion tax cut in 2017. In my description yesterday, I buried the lead: Democrats promoted the child tax credit, and Republicans promoted the business deductions.
The child tax credits will benefit the poorest American families with children, while the business deductions will benefit companies like Amazon, Microsoft, Lockheed Martin, large pharmaceutical companies, and others.
Here's the point: At every juncture, Democrats are trying to protect the interests of the American people, while Republicans are protecting big business. While both are vital to the American economy, in a resource-constrained environment, helping middle-class and poor families should take precedence over businesses that generated $41 trillion in revenue and $2.9 trillion in profits in 2022.
Republicans are abandoning Ukraine.
Supplemental funding for Ukraine is tied to the immigration reform bill—a linkage demanded by Republicans last November to give them leverage over an issue they perceived would benefit Donald Trump. Unless and until the immigration bill is approved, the US has effectively run out of money to help fund Ukraine’s defense.
While the fate of the immigration bill is uncertain, Trump has instructed Speaker of the House Mike Johnson to kill the bill. If that happens, the fate of funding for Ukraine is unclear. Vladimir Putin couldn’t have scripted the story any better.
But—all hope is not lost for Ukraine. On Thursday, the EU released $54 billion to help Ukraine defend itself against Russia. EU approves $54 billion in Ukraine aid as Hungary drops opposition : NPR. With this contribution, the EU has maintained parity with US contributions since the inception of Russia’s war. Given that the EU and American economies are roughly equal in size, equal contributions to Ukraine’s defense is reasonable. Many Americans—especially MAGA supporters—pretend that the US is the only nation in the world supporting Ukraine. Not true.
Another possible avenue of support for Ukraine is the REPO Act, which would allow the US to seize assets of the Russian Central Bank that were frozen when Russia invaded Ukraine. Per Reuters,
The EU, United States, Japan and Canada froze some $300 billion of Russian central bank assets in 2022 when Russia invaded Ukraine. Only about $5 billion to $6 billion are in the United States.
The Senate Foreign Relations Committee has advanced the bill for consideration by the full Senate on a 20-1 vote. Prospects for passage seem encouraging. However, the US controls only a small portion of the assets that can be seized and transferred to Ukraine. But if the US approved the seizure and transfer, it is likely that the EU, Japan, and Canada would do the same. The REPO Act is no substitute for supplemental funding by Congress, but it is a step in the right direction.
Developments in the effort to impeach Homeland Secretary Alejandro Mayorkas.
The House will likely vote on a resolution to impeach Secretary Mayorkas next week. On Thursday, GOP Rep. Ken Buck said he would oppose the resolution, meaning that Republicans can lose only two more votes before the resolution will fail. See HuffPost,  Ken Buck Says He Opposes Impeaching Alejandro Mayorkas.
The impeachment of Secretary Mayorkas would be a sham and insult. It is part of Donald Trump's efforts to cheapen and dilute the constitutional sanction of impeachment to minimize the fact that he is the only president to be impeached twice. To that end, the good people at Lawyers Defending American Democracy (LDAD) have drafted a letter to Congress and are asking concerned citizens to sign the letter to express their opposition to the impeachment of Secretary Mayorkas. I have signed the letter.
Here is the note I received from LDAD:
Please consider joining a sign-on letter opposing the Republican House impeachment of Department of Homeland Security Secretary Alejandro Mayorkas . The letter is written by Lawyers Defending American Democracy, a remarkable nonprofit group that advocates for the rule of law. You don’t need to be a lawyer to sign. You don’t need to be Latino or Jewish like Mayorkas! Here’s why opposing this disgraceful impeachment matters. There is no evidence of Treason, Bribery or any High crime or misdemeanor committed by Myorkas. Impeaching him is a testing ground for a fact-free impeachment of Biden.  Mayorkas is an easy early target. To adapt a phrase, "First they came for the most vulnerable, and I did not speak out.” The impeachment represents the attack on something that keeps every one of us safe — government according to law, even in difficult conditions not of our making – like those at the border.  It’s the rule of law that they are after – it protects our safety. Please join me and hundreds of others in speaking out. Your voice matters. People often ask what they can do to help preserve democracy. One easy way is to join others in standing up against the partisan cheapening of constitutional institutions like impeachment. In his seminal book, On Tyranny, Timothy Snyder wrote: “It is institutions that help us to preserve decency. . . . Make them yours by acting on their behalf.” Your voice matters. Read LDAD Letter to Congress Sign the Petition
What’s happening with Judge Engoron’s expected decision and judgment in the New York civil fraud trial?
The decision and judgment imposing civil penalties on Trump was expected by January 31. And then February 1. Now, Judge Engoron has indicated that the opinion and judgment will be released by “mid-February.”
The delay is another frustrating development in the effort to finally hold Trump to account. But in this instance, the wait may be worthwhile.
No one knows for sure what factors are responsible for the delay, but Andrew Weissmann has speculated that Judge Engoron is waiting for Trump's chief financial officer— Allen Weisselberg—to plead guilty to perjury for testimony he gave in Trump's defense in the civil fraud trial.
Per Andrew Weissmann,
Why has Judge Engoron not issued his decision on the Trump civil fraud? One reason could well be the news that the Trump chief financial officer may be pleading to lying to Judge Engoron in a way to help Trump. And the Judge is waiting for that to support his decision against DJT.
In other words, Trump's chief financial officer lied on the witness stand in defense of Trump's lies about his finances! Adding that fact to Judge Engoron’s opinion should help support a significant civil penalty against Trump—who continued his fraud through and including the civil trial.
GOP fundraising, Trump's legal costs, and trial dates.
A series of stories on Thursday highlighted the vulnerability of Trump's campaign, the ill-health of the GOP as an institution, and Trump's legal jeopardy. Fundraising does not equal votes or turnout, but it is a proxy for support. Bottom line: Fundraising by the GOP took a nose-dive while Democratic fundraising was strong. See Newsweek, Donald Trump's Fundraising Plummets and WaPo, Trump spent more than $55 million in donor money on legal fees last year, filings show.
As NBC News explained, Trump's legal fees are substantial--$50 million in donor funds that have been diverted from his campaign activities. See NBC News, Takeaways from the 2024 cash dash: Legal cases drain Trump as clash with Biden looms. Per NBC,
Campaign finance records filed Wednesday show the main super PAC supporting Trump's campaign, MAGA Inc., spent more than it raised in the last six months of 2023. [¶]
By comparison, Biden's campaign ended the year with $46 million in cash, far more than the $33 million Trump's campaign held before the Iowa caucuses and the New Hampshire primary.
Speaking of Trump’s legal troubles, it appears that Trump's delay strategy in the documents and election interference cases is working, increasing the likelihood that the New York state hush money case will be tried first.
Trump may regret engineering his criminal liabilities so the first trial will highlight his extra-marital affair with Stormy Daniels, which took place while Melania was at home caring for their infant son, Barron Trump. See WaPo, Trump D.C. trial drops off court’s March calendar, clearing way for N.Y. case. The hush money trial is currently scheduled for March but is likely to take place during the summer—right before the Republican convention.
Is it possible that his Christian evangelical supporters won’t care about Trump's affair with an adult film actress? We already know they don’t. They crossed that bridge in 2016 after the Access Hollywood tape. But some independent voters and disaffected Republicans may care.
In a close election, marginal votes have an outsized influence. Trump's 2016 election interference—by lying on his FEC filings about hush money payments—may be a tipping point in 2024. Let’s hope so.
Concluding Thoughts.
If it appears that Republicans have been on a losing streak, you aren’t the only one who believes so. While it is not enough for us to count on missteps by Republicans, after a year of an unrelenting anti-Biden narrative by the media, it is a relief to see the media acknowledge that the GOP is a hot mess. Jennifer Rubin described the current state of affairs in her op-ed in WaPo, Opinion  The GOP’s blunders take their toll.
Jennifer Rubin recounts the morass of self-inflicted injuries that are currently plaguing the GOP. She quotes Texas GOP. Rep. Chip Roy, who said the following in November on the House floor:
For the life of me, I do not understand how you can go to the trouble of campaigning, raising money, going to events, talking to people, coming to this town as a member of a party who allegedly stands for something … and then do nothing about it. One thing: I want my Republican colleagues to give me one thing — one — that I can go campaign on and say we did. One!
Since, then, Roy’s colleagues in Congress have given him nothing—not one thing—that he can tell his constituents that Republicans have achieved since his speech in November. And prospects are dim that they will do anything in the next weeks or months, either. I hope I am wrong.
Rubin writes,
Republicans overwhelmingly were against Biden’s popular infrastructure bill and in favor of shutting down the government, defaulting on the debt and conducting bogus impeachment hearings that the voters do not want while opposing a tough border control bill. Democrats can hardly believe their good fortune heading into November [2024]. Chip Roy likely will not be the only one who cannot think of a single reason to keep [Republicans] in power.
The collapse of the GOP’s political machine (such as it was) coincides with a more aggressive, professional operation by the Biden campaign. The Biden campaign's unrelenting focus on Trump's incessant mistakes, nonsense, and outrageous statements has caused the media to take notice.
And perhaps, just perhaps, the DNC is joining the fray in a helpful way. See this video of Jaime Harrison’s appearance on on Stephen Colbert’s show, Jaime Harrison: Joe Biden Said “I See You Black Folks In South Carolina. You Matter. You Count.” I was skeptical when a reader sent the link to me for review, but Jaime Harrison was an effective advocate for Joe Biden. The video is worth seven minutes, but if you only watch the first 2-1/2 minutes, you will see Harrison's central praise for Biden.
So, on this second day of February in the early primary season, we have reason for hope. No one should take anything for granted, but we should act with confidence and determination. Democrats have their issues to be sure; but Republicans are experiencing a reckoning that began when they first surrendered to Trump in 2016.
[Robert B. Hubbell Newsletter]
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Sen. Joe Manchin (D-W.Va.) condemned what he described as “revenge politics” as many Republicans have resisted his efforts to speed up the approval process for energy projects.
“It’s like the revenge politics, basically revenge towards one person: me. And I’m thinking, ‘this is not about me,’ ” he told reporters on Tuesday.
“I’m hearing that the Republican leadership is upset and they’re saying ‘we’re not going to give a victory to Joe Manchin’ — Joe Manchin’s not looking for a victory,” he added. “We’ve got a good piece of legislation that’s extremely balanced and I think it’ll prove itself in time. The bottom line is, how much suffering and how much pain do you want to inflict on the American people for the time.”
Republicans, along with Manchin, have long complained that the approval process for energy and infrastructure projects — known as permitting — has been too lengthy and stalled important projects.
When he agreed to pass the Democrats’ climate and tax bill, Manchin struck a deal with Democratic leadership to also pass permitting reforms.
But, as he has tried to push a package of changes through, Manchin has met Republican obstacles, as some members feel slighted over the West Virginia Democrat’s passage of the climate bill.
Republicans have felt spurned after Manchin announced his support for the Democratic bill hours after a bipartisan chips and science bill passed the Senate. Minority Leader Mitch McConnell (R-Ky.) had previously threatened that bill’s passage if Democrats pursued their bill.
The GOP has also complained that Manchin’s changes may not go far enough.
Meanwhile, on the other side of the aisle, a coalition of liberal Democrats has also come together to resist the effort, arguing that it will undercut the environmental inspections that often draw out the permitting process.
But Manchin said on Tuesday that “we do not bypass any of the environmental reviews,” which he said was the main difference between his package and a separate proposal from Sen. Shelley Moore Capito (R-W.Va.).
The Senator also told reporters that the text of his proposal would be released on Wednesday, and that it would explicitly speed up the approval process for the Mountain Valley Pipeline.
The Mountain Valley Pipeline is a controversial proposed project that would carry natural gas from West Virginia to Virginia.
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