Inflation Reduction Act: 8/12/22 - $740B Bill PASSES, Biden signs it into law!

[mastermind]

No, it may be the end of Democracy itself. Biden needs something going for him going into the midterms and into 2024. If Republicans take control we can kiss our Democracy good bye. They are prepping for a Hungarian Victor Orban style takeover .

I am being hopeful that it’s the end of this version of the party, but you may be right about this leading to the end of democracy.

It’s embarrassing that the Democratic Party isn’t ready for the moment.

 

[Red Shield]

No, it may be the end of Democracy itself. Biden needs something going for him going into the midterms and into 2024. If Republicans take control we can kiss our Democracy good bye. They are prepping for a Hungarian Victor Orban style takeover .

Folk may as well start preparing now then

 

[Payday23]

I am being hopeful that it’s the end of this version of the party, but you may be right about this leading to the end of democracy.

It’s embarrassing that the Democratic Party isn’t ready for the moment.

It's their MO. All hype no substance. It never fails.

 

[the cac mamba]

biden really needs to start borrowing trump's line, "i inherited a mess". this is getting to be a fukkin cascade of issues

-oil prices obviously isnt his fault. but its not a good look that like the first thing he did in office was kill the keystone pipeline, and now he's begging opec to pump more
-they gotta start calling it trumpflation or something. its all from trumps 8 trillion in debt the dems havent even passed their spending bill yet
-these fukkin supply chain issues how do the dems even counter this? this is awful

i guess the best part is that biden has nowhere to go but up. i cant imagine it getting much worse

 

[FAH1223]

POLITICO Playbook: Scoop: Manchin-Sinema split vexes the White House

this is crazy

So what’s the state of negotiations between the White House and JOE MANCHIN and KYRSTEN SINEMA?

The talks have been shrouded in mystery, but we have some fresh details we can share this morning.

More is known about Manchin than Sinema, and for a good reason: While Manchin has been willing to discuss his priorities in detail with his colleagues in the Senate, Sinema only negotiates with the White House.

“I'm not going to share with you or with Schumer or with Pelosi,” she told one Democratic senator recently. “I have already told the White House what I am willing to do and what I’m not willing to do. I'm not mysterious. It's not that I can't make up my mind. I communicated it to them in detail. They just don’t like what they’re hearing.”

Part of solving the Manchinema puzzle is that the 74-year-old former governor from a coal state and the 45-year-old former Green Party activist from Arizona are at odds on some major policies.

“Manchin and Sinema want very different things, both in terms of revenue and programs,” said a source close to Biden who spent the last few days talking to senior White House officials. “If you just took their currently presented red lines you wouldn’t have enough left to get this past progressives in the House and Senate. It wouldn’t raise enough money and it wouldn’t do enough big programs.”

The most robust version of this plan to allow Medicare to negotiate drug prices would bring in some $500 billion of revenue at the expense of the pharmaceutical industry. It’s one of the most popular policies on the Democrats’ menu of options and many party strategists believe Democrats owe their House majority to this issue.

But we’re told that Democrats would be lucky if they managed to convince Sinema to support a version of drug pricing reform that raises even $200 billion. That’s not enough to fund the expansion of Medicare benefits that Sen. BERNIE SANDERS (I-Vt.) wants or the expansion of the ACA that Speaker NANCY PELOSI wants.

Manchin is much more willing to support a bolder version of drug pricing reform. But he’s also insisting on including his own pet plan to tax prescription opioids — a tax vehemently opposed by Sinema’s allies at PhRMA and one that would dilute the Democrats’s prescription drug pricing plan. So far, the White House has not been able to convince Manchin to drop his opioid tax idea.

The two senators are similarly at odds over climate policy: Manchin opposes several Democratic ideas to price carbon pollution, while Sinema favors them.

And here’s where Manchin is really driving his colleagues crazy. There are tens of thousands of coal jobs in West Virginia that are going to disappear as the economy transitions to clean energy. But when Democrats have proposed expensive programs to subsidize those workers’ income as they find new jobs, Manchin, we’re told, “rejected it out of hand,” calling the idea “welfare.”

“So, like where the hell is the overlap?” the source close to Biden said of the “maddening” policy gap between the two centrists. “How do you land that?”

A message from Better Medicare Alliance:

27 million seniors and people with disabilities are counting on Congress to stand up for Medicare Advantage. With a 98% beneficiary satisfaction rate, the lowest monthly premiums in 15 years, $1,640 in average annual consumer savings, and better health outcomes for seniors, it’s no wonder that so many Medicare beneficiaries entrust their health to Medicare Advantage.

Some other reconciliation tidbits from this source:

— While progressives and many senior Democrats have been under the impression that the White House is interested in more programs that sunset, with shorter funding periods, this person indicated that Biden may actually favor fewer programs done well, news Pelosi will welcome. “They are coming down on the side of ‘choose programs that really have an impact on families and people's lives and that can be executed well,’” said the source close to Biden.

— At least one of the five major climate provisions currently being discussed — tax rebates for clean energy, the Clean Electricity Performance Program, a price on carbon, a carbon border tax, a Civilian Climate Corps — is likely to be nixed. “Everything I hear from Manchin is that he wants to kill the CEPP,” said the same source. “If that’s the hostage, can we get 3 or 4 of the others?”

— On child care proposals, top Democrats are discussing making a choice between Biden’s universal free pre-K plan and his plan to subsidize high quality daycare.

— The path to getting the total bill to above $2 trillion may require dedicating $100-200 billion to paying down the debt, a priority that both Manchin and Sinema actually agree on.

 

[Payday23]

Chuck Schumer is the weakest majority leader I've ever seen

 

[Rice N Beans]

Might be better off begging Mitch for two votes at this point.

 

[Micky Mikey]

I am being hopeful that it’s the end of this version of the party, but you may be right about this leading to the end of democracy.

It’s embarrassing that the Democratic Party isn’t ready for the moment.

Luckily the country is becoming more diverse and progressive. And by 2024 there is no telling where we'll be at as a country. Perhaps (hopefully) climate change will at that point be an immediate concern for most people and they'll vote accordingly. But thats wishful thinking.

Its a real tragedy that we have two senators who are so blinded by their own greed that they cannot see the importance of this moment in history. But it is a testament to just rotten and corrupt this this country has become.

 

[AquaCityBoy]

Sinema's position makes no sense at all.

She won't discuss her demands with the other senators or the Senate majority leader, even though she's in the Senate and they're the ones who are going to need to pass the bill?

That just sounds like cover because the other senators and representatives will call her out on her fukkery, while Biden and the White House won't shyt on her publicly.

 

[FAH1223]

Sinema's position makes no sense at all.

She won't discuss her demands with the other senators or the Senate majority leader, even though she's in the Senate and they're the ones who are going to need to pass the bill?

That just sounds like cover because the other senators and representatives will call her out on her fukkery, while Biden and the White House won't shyt on her publicly.

Chuck Schumer is the weakest majority leader I've ever seen

Schumer is the one who recruited her to run too

 

[acri1]

Sinema's position makes no sense at all.

She won't discuss her demands with the other senators or the Senate majority leader, even though she's in the Senate and they're the ones who are going to need to pass the bill?

That just sounds like cover because the other senators and representatives will call her out on her fukkery, while Biden and the White House won't shyt on her publicly.

It makes sense when you consider she's just on a power trip and doesn't really care about policy.

Since she got elected it's been pretty obvious she just loves attention. We just didn't realize how much.

 

[acri1]

Schumer is the one who recruited her to run too

Yeah, it's about time for him and Pelosi to

I'm not a person to hate on someone just because of their age, but Dems in Congress are BADLY in need of stronger leadership.


I just can't understand why people in Congress hate to retire. I'll retire when I'm 50 if I can...

 

[88m3]

???

Bernie is the only one fighting for this? You're kidding right?

 

[FAH1223]

Resistance Blue Wave Twitter is going crazy with this



Manchin is listening to Rob Portman who was George W. Bush's Budget Director and is in Manchin's ear telling him to not go for gimmicks.

 

[88m3]

They have certainly let the progressives be the face of it and be the bad cop. It’s obvious to see.

"they" who?

Not in the senate and only absolute ignorant fukks thinks this has anything to do with the house unless we're talking about Republicans refusing to vote