Democrat Senator Joe Manchin appeared to deal a death blow to President Biden’s hopes for his proposed $3.5 Trillion dollar budget, which Manchin blasted as ‘the definition of fiscal insanity.’
As The Daily Wire reports:
Manchin said that every member of Congress has a duty to do what is best for the country and not their party, noting that he has stated for months that he cannot support $3.5 trillion in more spending.
“At some point, all of us, regardless of party must ask the simple question – how much is enough?” Manchin said. “What I have made clear to the President and Democratic leaders is that spending trillions more on new and expanded government programs, when we can’t even pay for the essential social programs, like Social Security and Medicare, is the definition of fiscal insanity.”
Democrats have been desperately trying to pass the $3.5 trillion bill, which the Committee for a Responsible Federal Budget has estimated could actually cost over $5 trillion, through reconciliation, meaning they would only need a simple majority of 51 votes in the Senate to pass it.
“Suggesting that spending trillions more will not have an impact on inflation ignores the everyday reality that America’s families continue pay an unavoidable inflation tax,” Manchin continued. “Proposing a historic expansion of social programs while ignoring the fact we are not in a recession and that millions of jobs remain open will only feed a dysfunction that could weaken our economic recovery. This is the shared reality we all now face, and it is this reality that must shape the future decisions that we, as elected leaders, must make.”
Will Manchin’s opposition deal a death blow to Biden’s spending dreams? Let us know what you think will happen in the comments below.