Manchin says he has reached deal with Democrats on economy, climate bill

[BumRushDaShow]

Last edited Wed Jul 27, 2022, 05:52 PM - Edit history (1)

Source: Washington Post

Sen. Joe Manchin III (D-W.Va.) on Wednesday said he had reached a deal with Democrats to advance economic legislation that aims to lower health-care costs, combat climate change and pay down the deficit. The major milestone opens the door for party lawmakers to begin work as soon as next week to advance a signature component of President Biden’s agenda that has been stalled for seven months — one that could carry vast implications for Democrats in the 2022 election.

In a statement, Manchin did not share specific elements of the agreement. But he alluded to renewed support for proposals that address energy costs and climate change, marking a dramatic shift from weeks earlier, when the moderate senator said he could not support Democrats’ initial vision this month out of concern about the state of the economy.

The measure also is expected to include provisions that aim to lower prescription drug costs for seniors, impose minimum taxes on corporations and raise money to lower the federal deficit.

“For too long, the reconciliation debate in Washington has been defined by how it can help advance Democrats political agenda called Build Back Better,” Manchin said in a lengthy statement, referring to Democrats’ initial, larger spending package that bore Biden’s 2020 campaign slogan.

Read more: https://www.washingtonpost.com/us-policy/2022/07/27/manchin-says-he-has-reached-deal-with-democrats-economy-climate-bill/?noredirect=1

---

Let's hope it's not another of these -



ETA (sorry about the Politico reference but the tweet seems to have clear bullet points) -

Link to tweet

Burgess Everett
@burgessev
·
Follow
MANCHIN-SCHUMER DEAL DETAILS

-Rx reform
- 15 percent corp minimum tax, IRS enforcement, closes carried interest loophole
- $370 billion energy/climate
- $300b deficit reduction
- THREE years ACA subsidy extensions
politico.com
Manchin and Schumer announce a deal that includes energy, taxes
The agreement breaks a deadlock between the two senior Democrats on a marquee party-line bill.
5:30 PM · Jul 27, 2022

[sinkingfeeling]

1. Hasn't he said that before?

[AZSkiffyGeek]

23. I don't think he's declared a full deal is done before

He's usually blown then up when Schumer says there's one. So he may be speaking in good faith here.

THAT SAID:
Sinema hasn't spoken yet. And aren't we still down Senator Leahy from surgery or a stroke or something?
And what is the situation w/ that asshole Rep from NJ?

AND WITH THAT SAID:
I read an unsubstantiated rumor that there are Republicans on board with this. So maybe Sinema and Leahy are moot.

So I won't say that he'll pull the football away, but I won't say that it looks like a done deal yet.

[Slammer]

32. Leahy

Leahy is still doing rehab after breaking his hip. The last update on his Senate website on the subject was 7 days ago.

I'm sure they'll update the website when he's actually back in his office.

[Quanto Magnus]

51. I seriously doubt

anything Manchin says about agreement....

He'll pull some 11th hour BS....

[Samrob]

33. He was catching hell at home and elsewhere. That is why. nt

[live love laugh]

42. Yes. He lied to Biden. So why should he be trusted at all? Beats me.

[Meadowoak]

2. Not this shit again.

[pamdb]

3. Manchin

I don't believe ANYTHING Manchin says anywhere, anytime, anyhow.

[PortTack]

4. Yes, Lucy as well as manchin do like to screw things up. Let's hope this isn't the case...this time.

[Beachnutt]

5. The boy who cried wolf..

Mr manchin.

[JohnQFunk]

6. I don't believe him. That is all.

[NCjack]

17. +1. Why no jerk around Prez Biden, the DEMs in Congress? It's fun.

[Eliot Rosewater]

7. My first thought "Imagine what the dems had to give up to get this deal!"

[Autumn]

8. Just until the vote is held?

[thesquanderer]

9. He says ""Build Back Better is dead"...

He still has to get in a dig, and an assertion of his supremacy... But if that's what it takes to at least get something out of it, I guess that's the deal.

[Xoan]

10. cool story wapo

[LetMyPeopleVote]

11. Here are some details on this deal

Link to tweet

[groundloop]

12. Manchin isn't "moderate" Joe Biden is moderate. Manchin is just self serving.

I wish the hell news organizations would quit calling him "moderate", that implies he attempts to compromise when needed. Manchin simply dictates that Democrats do what's best for him.

I D-0 N-O-T T-R-U-S-T H-I-M

[mn9driver]

13. Biden is moving on without him. This is his attempt to remain relevant and grab a few more headlines

He has walked away too many times for anyone to believe him now.

[myohmy2]

14. what...?

...

[comradebillyboy]

15. It's a win for Democrats. Take it and celebrate the victory!

[GB_RN]

16. I'll Believe It When...

The fucking bill passes the Senate.

[LudwigPastorius]

18. "Manchin says he has reached deal with Democrats on economy, climate bill"

[LuvLoogie]

19. It's bullshit until it get's to Joe Biden's desk.

I hope this means internal data show the Democrats keeping the Senate and gaining a seat or two margin. Maybe the DOJ is about to blow up the GOP.

Wishing.

(I think I'll go play the Lotto now.)

[packman]

20. Driving the legislation car with Joe

[dlk]

21. Action speak louder than words

Watch what he does, not what he says.

[Fiendish Thingy]

22. What are the details? I'll believe it when I see Joe sign the bill. Nt

[Locrian]

53. havent seen the details so this is what I heard

is that it' s contingent on opening up MORE DRILLING in the Gulf and Alaska.

[sprinkleeninow]

24. ...

🤞

[AllyCat]

25. Oh I'm sure he's reached a deal.

And he’ll do what he usually does and renege on it so he can appease his voters.

[LetMyPeopleVote]

26. Statement from President Biden

Link to tweet

[BumRushDaShow]

27. Here's the press release image from the tweet

Thanks for adding that!

[bahboo]

28. elect more democrats...

then tell this guy to fuck himself...

[Skittles]

29. I look forward to the day his opinion just doens't count

yes indeed

[maxrandb]

30. I've seen this movie before

https://m.

[BlueIdaho]

31. Decent of him to negotiate with Democrats...

Especially nice of him to grant Schumer an audience.

[diane in sf]

34. I'll believe it when I see it done and wrapped in ribbons.

[Rebl2]

35. I thought

we were to refer to him as Lucy now.

[JT45242]

36. If he actually votes for it, will help ...

Rethugs want to end Medicare, Dems are working to make it better.

That will fly with 65 and over

[LetMyPeopleVote]

37. McConnell and Republicans SWORE they'd block the CHIPS bill if Democrats push reconcilliation bill

MoscowMitch promised to block CHIPS bill if Democrats tried to do reconciliation bill. Schumer and Biden screwed MoscowMitch by having Senate vote on CHIPS first before the announcement of this package

Link to tweet

[BumRushDaShow]

39. Ha!

[TiberiusB]

40. Worst.Bluff.Ever.

I find it impossible to believe Mitch would stand in the way of billions for powerful tech giants.

[rpannier]

38. The Peanuts icon is so appropriate

I can see Manchin walking away saying, "Peculiar thing about this document, it was never notarized."

[Johnny2X2X]

41. They played Mitch!

I guarantee this was agreed to months ago, but they wanted the chip deal done first. Wow! Well done!

[RussBLib]

43. enjoy the good news

let go of the frustration and cynicism

positive change is possible

this can happen

things CAN improve

Trump IS under DoJ investigation

I'm loving it

[Martin68]

44. I subscribe to the Lucy and the football scenario in general, but maybe

Manchin has stretched his advantage to the limit, and he had to come back on board. He's one man in a very needy state. Republicans won't give a shit about WV if they win the presidency and a majority in the Senate. In fact, WV is probably last on their list of "Sates Needed to Win the Electoral Vote." The people of WV desperately need Democratic help in the areas of Health Care, jobs, Addiction Treatment, Elderly Care, Civics, and Education.

[LetMyPeopleVote]

45. Did Manchin and Schumer secretly cut this budget reconciliation deal two weeks ago ?

This makes me smile

Link to tweet

Link to tweet

[BWdem4life]

46. Funny how they don't say "a deal with other Democrats." It's "a deal with Democrats."

Is this what they call a "Freudian slip"?

[LetMyPeopleVote]

47. PELOSI, in a letter to her colleagues, says this deal is "welcome news for House Democrats"

Link to tweet

[FBaggins]

50. Will it get past the House without SALT?

I thought that was a deal-breaker for many

[RocRizzo55]

48. I would trust Manchin

As far as I could sling a baby grand piano.

[BumRushDaShow]

49. You could give it some boosters to make it easier to toss!

(sorry )

[Shanti Shanti Shanti]

52. Details in fine print, opening up Alaska and the Gulf of Mexico for new oil drilling

And streamline procedures to get the drilling and pipelines going. Manchin got what he wanted.

[Locrian]

54. yeah basically a climate suicide pact n/t

[BumRushDaShow]

55. I scanned through what is a 725 page draft

A NPR article linked to a copy here (PDF) - https://www.democrats.senate.gov/imo/media/doc/inflation_reduction_act_of_2022.pdf

There are references to the offshore leases (I believe GOM ones) from 2016 and on that would continue with sales or resume, but am not seeing anything about Alaska specifically.

This is not the final bill as it has to be reviewed for any "Byrd Rule" violations then the nightmarish amendment process, so it still has a ways to go.

CNN just published a breaking news analysis of it here - https://www.cnn.com/2022/07/28/politics/climate-deal-joe-manchin/index.html

What the "least favorite" compromise was noted as this -

A fossil-fuel compromise

The provision that is giving climate advocates the most heartburn is one that would mandate the Department of Interior must lease at least 2 million acres of public land and 60 million acres of offshore waters for drilling before any could be used for renewable energy. Tying future drilling directly to renewables was described as a "climate suicide pact," according to Brett Hartl, government affairs director at the Center for Biological Diversity. "More oil and gas leasing is completely incompatible with maintaining a livable planet, so we're forced to fight this," Hartl said in a statement.

"This deal is unacceptable." But even among Senate climate hawks, it's looking unlikely the drilling provision will sink the bill, given the massive investments in clean energy. "I can say it's my least favorite part of the bill," Democratic Sen. Brian Schatz of Hawaii told CNN. "But we made a deal with Joe Manchin. And if somebody thought the deal would have nothing for fossil, they don't understand Joe Manchin. What matters the most are emissions reductions; this bill achieves the emissions reductions that we need to attack the problem of the climate change. In order to get this bill passed, we had to compromise."

Rhodium's John Larsen told reporters Thursday that his group's read of the provision is that it will prevent Biden or future presidents from banning new oil and gas leasing on public lands. But Larsen said it's also not a dramatic expansion of that program. "It's not any different than the historic average of lease sales," Larsen said. "This isn't some historic expansion of leasing compared to what's happened over the last five to 10 years."

Larsen also pointed out that this provision means that administrations have to offer a certain number of lease sales, but doesn't necessarily mean industry will develop them -- especially with higher oil and gas royalty rates being implemented by the Biden administration.Hartl said the Center for Biological Diversity will challenge "every single lease the Interior Department tries to approve" in the future.

(snip)

I.e., you have the most strongly climate-focussed lobbyists who basically want no more drilling period and the reality is, we don't have the alternate infrastructure in place to do that. As it is, and I remember Jen Psaki used to repeat over and over, that the industry had 9000 already-approved leases that they had not used, so I expect that will factor in any decisions for further leases.

[867-5309.]

56. "Sinema Is Potential Obstacle for Senate's Landmark Tax, Climate and Drug Bill"

https://www.bloomberg.com/news/articles/2022-07-28/senate-tax-climate-drugs-bill-in-limbo-as-sinema-reviews-text