Sen. Joe Manchin (D-W.Va.) is raising concerns about what he says are the potential âgrave consequencesâ of passing a $3.5 trillion spending bill amid an economic recovery.
In a lengthy statement on Wednesday morning, Manchin acknowledged that he voted to move forward with the budget reconciliation process because âit is important to discuss the fiscal policy future of this country.â
âHowever, I have serious concerns about the grave consequences facing West Virginians and every American family if Congress decides to spend another $3.5 trillion,â he said.
He noted that Congress has âinjected more than $5 trillion of stimulusâ into the economy in response to the COVID-19 pandemic.
The West Virginia senator also pointed that there are millions of job openings across the country and rising inflation which he called âan unavoidable tax on the wages and income of every American.â
âThese are not indications of an economy that requires trillions in additional spending,â Manchin said. âGiven the current state of the economic recovery, it is simply irresponsible to continue spending at levels more suited to respond to a Great Depression or Great Recession â not an economy that is on the verge of overheating.â
Finally, he said, âMore importantly, I firmly believe that continuing to spend at irresponsible levels puts at risk our nationâs ability to respond to the unforeseen crises our country could face.â
Read the statement below:
His comments come as Congressional Democrats are seeking to pass a $3.5 trillion spending bill through a process known as budget reconciliation which would let them pass legislation with just 51 votes in the Senate.
For the bill to succeed, all 50 Democrats would have to vote for it, with Vice President Kamala Harris casting the tie-breaking vote.
According to CNBC, the Senate advanced a resolution early Wednesday that âdirects committees to craft a bill that would spend up to $3.5 trillion on climate initiatives, paid leave, child care, education, and health care.â
Some Congressional Democrats have tied the success of a smaller bipartisan infrastructure package to the passage of the reconciliation bill.
While the Senate advanced a $1.2 trillion infrastructure package on Tuesday, support for the larger spending bill appears tenuous among moderate Democrats in the House and Senate.
Sen. Kyrsten Sinema (D-Ariz.) also signaled that she does not support passing a $3.5 trillion bill, as IJR reported.
âI do not support a bill that costs $3.5 trillion â and in the coming months, I will work in good faith to develop this legislation with my colleagues and the administration to strengthen Arizonaâs economy and help Arizonaâs everyday families get ahead,â she said.
That prompted Rep. Alexandria Ocasio-Cortez (D-N.Y.) to fire back, âGood luck tanking your own partyâs investment on childcare, climate action, and infrastructure while presuming youâll survive a 3 vote House margin â especially after choosing to exclude members of color from negotiations and calling that a âbipartisan accomplishment.ââ
If Manchin or Sinema vote against the bill, it would fail.
