President Joe Biden has proposed several trillion dollar in federal spending that is on the verge of becoming law. But, one Democrat Senator may disrupt that plan.
Sen. Joe Manchin, D-W.V., made headlines this week with an op-ed aimed at the Biden administration. The article has the headline: “Why I Won’t Support Spending Another $3.5 Trillion.”
The article points to the rising debt and inflation, arguing Congress will have no tools to act next time there is a real crisis.
“The nation faces an unprecedented array of challenges and will inevitably encounter additional crises in the future,” he wrote. “Yet some in Congress have a strange belief there is an infinite supply of money to deal with any current or future crisis, and that spending trillions upon trillions will have no negative consequence for the future. I disagree. An overheating economy has imposed a costly “inflation tax” on every middle- and working-class American. At $28.7 trillion and growing, the nation’s debt has reached record levels. Over the past 18 months, we’ve spent more than $5 trillion responding to the coronavirus pandemic.”
According to Manchin, enough is enough.
These comments will likely send a chill through the Democratic establishment as members return from recess this month. The $1 trillion infrastructure bill and the Democrats’ $3.5 trillion bill full are ready for negotiation.
Meanwhile, Sen. Manchin isn’t the only Democrat questioning Biden’s spending plans.
Sen. Kyrsten Sinema, D-Ariz., has made clear she won’t support a bill that costs $3.5 trillion.
“Proceedings in the U.S. House will have no impact on Kyrsten’s views about what is best for our country – including the fact that she will not support a budget reconciliation bill that costs $3.5 trillion,” her spokesman John LaBombard told Politico.
Whether these Democratic bills can sink or swim remains to be seen. Republicans have promised to oppose $3.5 trillion spending package.