For the bill to become law, it would also have to pass in the House, where the Democrats have only a slim, nine-vote majority. Schumer, the Senate majority leader, now must shepherd the bill through the Senate in a legislative process called reconciliation, which requires only a majority for approval. And the Guardian headline was “U-turn as Manchin agrees deal with Democrats on major tax and climate bill.”įox Newspivoted to reaction to the deal: “Lawmakers react after Manchin, Schumer agree to reconciliation deal: 'Build Back Broke'” was headline on the main story this evening. “Manchin surprisingly announces spending deal with Schumer - including health care, climate,” was the ABC News headline. The New York Times headline said, “Manchin, in Reversal, Agrees to Quick Action on Climate and Tax Plan.” The narrative of much of the coverage today was that Manchin reversed course.
But the prospects of even that pared down legislation seem to dim to extinction a couple of week ago when Manchin said he wouldn’t support climate change legislation. Attention then shifted to the possibility of a “skinny” version of the legislation that would include the politically popular healthcare provisions. Manchin’s opposition to the $1.8 billion Build Back Better bill last year effectively killed that legislation. On the spending side, the summary says that the extension of the ACA subsidies through 2025 will cost $64 billion, which is dwarfed by the $369 billion for energy security and climate change and $300 billion for deficit reduction.
0 kommentar(er)
