- Former President Trump blasted McConnell and Manchin over the Democratic-led climate and tax bills.
- Trump said McConnell had been “taken for a ride” by Manchin, who the former president said had “sold out.”
- Senate Democrats aim to pass sweeping legislation through reconciliation this weekend.
Former President Donald Trump slammed the Democratic-led climate, health and tax bills on Friday, arguing that Senate Minority Leader Mitch McConnell, Republican of Kentucky, was “taken for a ride” by Sen. Joe Manchin of West Virginia.
“Radical Democrats now want the biggest tax increase in American history, the exact opposite of what I did,” Trump said at a “Save America” rally in suburban Milwaukee ahead of Wisconsin’s primary election on Tuesday.
“And they’re working feverishly to pile on more regulations at levels never seen before. You’re going to have regulations that nobody’s ever seen before.”
The Comprehensive Inflation Reduction Act of 2022, which was authored by Senate Majority Leader Chuck Schumer of New York and Manchin, has been a staple for the former president as he continues to signal his 2024 presidential campaign.
Trump said McConnell — a onetime political ally who has become a frequent target of the former president after he lambasted his behavior on Jan. 6, 2021 — was “taken for a ride” by Manchin, who reached an agreement with Schumer after weeks of negotiations. That stunned senators on both sides of the aisle who assumed an ambitious climate agenda was impossible before the midterm elections.
“Joe Manchin has completely sold out West Virginia,” said the former president, who stumped for Republican gubernatorial candidate Tim Michels, along with Adam Steen, a GOP state House candidate seeking to unseat state Assembly Speaker Robin Vos.
He continued: “It’s a shame what he’s done to the state. And I told the old broken crow, Mitch McConnell, that it’s going to happen. I said, ‘It’s going to happen to you, Mitch. It’s going to happen to you.'”
For more than a year, the more moderate Manchin has served as a Democratic bulwark against some of President Joe Biden’s most ambitious domestic plans, particularly after he torpedoed the Build Back Better Act, which was envisioned to cost nearly $2 trillion before the collapse, and climate initiatives. , funded the expansion of the Affordable Care Act and universal pre-K.
The new tax and climate bill — in its current form — would allow for a three-year extension of subsidies for individuals to buy health insurance through the Affordable Care Act, while cutting about $370 billion and $300 billion for climate and energy programs. Federal budget deficit. The bill would generate about $739 billion in revenue over the next decade.
Republicans, who have strongly opposed larger domestic Democratic spending bills, were surprised last week by the passage of legislation between Schumer and Manchin.
When the deal was announced, the Senate had just passed a $52 billion CHIPS-funding bill that attracted significant Republican support; Several GOP senators were outraged that news of the reconciliation deal came after the chamber passed the aforementioned legislation.
Regarding the timing of the announcement, Manchin said at a press event last Thursday that “no malice was intended.”
“We should look for what is good for the country,” he said at the time. “I hope my Republican friends look at this bill … how it was presented and what it actually contains.”
Virtually all Senate Democrats sided with the proposal last week, but Sen. Kirsten Sinema of Arizona remained a key holdout for much of this week, as she expressed opposition to narrowing a carrying-interest loophole previously favored by hedge fund managers and private equity. Investors
Schumer, who needed a 50-50 Senate vote to advance the bill, stripped the carried interest provision from the bill at his request. Moderate lawmakers then agreed to support the bill on Friday, pending additional review by Senate lawmakers to ensure it complies with the upper chamber’s reconciliation rules.
Democrats are seeking to pass the legislation through the budget reconciliation process, which requires a simple majority and is not subject to the 60-vote threshold needed to break a filibuster.