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Joe Manchin Booed by Democrat Senators for Raising Concerns over 'Infrastructure' Expense |
2021-08-01 |
[BREITBART] Sen. Joe Manchin![]() (D-WV) was reportedly booed Thursday by Democrat Senators for raising concerns about the expense of the $3.5 trillion "infrastructure" price tag. "One source described the West Virginian as being ’jokingly booed’ by the other senators, but another source in the room did not see it that way," Politico Playbook reported. "Tensions are torquing up among Democrats over the reconciliation bill — or, more precisely, over its proposed $3.5 trillion price tag." "Manchin views the growing national debt as a heavy burden that will drag down the economy, threaten national security and impose a heavy burden on future generations — fairly typical budget-hawk beliefs," Playbook continued. "Does Manchin’s position — and that he was bringing it up at a meeting of his fellow Senate Dems — mean that we’re in store for even more haggling over the price tag of the reconciliation bill? Stay tuned." Related: Joe Manchin: 2021-07-29 Kyrsten Sinema blocks Democrats' plan to spend $3.5 trillion on infrastructure, setting up major cuts Joe Manchin: 2021-07-29 Remington: US gunmaker offers $33m to Sandy Hook shooting victims Joe Manchin: 2021-07-09 Job growth slows Related: $3.5 trillion: 2021-07-29 Kyrsten Sinema blocks Democrats' plan to spend $3.5 trillion on infrastructure, setting up major cuts $3.5 trillion: 2021-07-18 Democrats plan to to slip immigration changes into $3.5T budget bill, pass without GOP votes $3.5 trillion: 2021-07-16 And This is a Good Thing? |
Posted by:Fred |
#5 /\ What P2K said. The Interest Rate is so low that any rise will cause a massive change in the debt payments. |
Posted by: magpie 2021-08-01 19:52 |
#4 The Dems have nearly achieved "herd mentality." |
Posted by: JohnQC 2021-08-01 19:40 |
#3 ^ The reason all politicians are spend-a-holics is that they are not in office forever, and when the SHTF it will be "somebody else's problem." |
Posted by: M. Murcek 2021-08-01 14:37 |
#2 Wonder who they're going to scapegoat when kaka hits the fan? - At present, the interest on US Treasury bonds is more than 1 point, and the annual interest payment is about $300 billion US dollars, which is considered to be affordable. But if inflation approaches 5% or even exceeds 5% (interest rates will definitely follow after inflation exceeds 5), then the United States will need $1.5 trillion a year to repay the interest of 30 trillion federal treasury bonds |
Posted by: Procopius2k 2021-08-01 08:34 |
#1 The only weapon a Democrat has to offer an opposing view. Manchin stands in their way. |
Posted by: Dale 2021-08-01 04:09 |