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Democrats to Reverse Trump Tax Cuts for Biden’s Infrastructure Deal

&NewLine;<p>President Joe Biden last week finally reached a deal on infrastructure with a group of 11 bipartisan lawmakers&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>The proposal allocates &dollar;1&period;2 trillion for traditional infrastructure including roads and bridges&period; However&comma; it does not include the &OpenCurlyDoubleQuote;human infrastructure” elements backed by progressives&period;  <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;The infrastructure train leaves the station and child care gets left on the platform&comma; green energy gets left on the platform&comma; &lbrack;and&rsqb; the billionaires don’t have to pay&comma;” argues Senator Elizabeth Warren &lpar;D-MA&rpar;&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>To increase social spending&comma; Democrats are moving forward with a separate proposal they hope to pass using the budget reconciliation process&period; Because the Senate is split 50-50&comma; moderate Democrats like Senator Joe Manchin &lpar;D-WV&rpar; will play a pivotal role&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;We have two tracks and that&&num;8217&semi;s exactly what I believe is going to happen&comma;” said Manchin&comma; a lead negotiator in the infrastructure deal reached with Biden&period;&OpenCurlyDoubleQuote;We’ve worked on the one track&comma; we’re going to work on the second track&comma; there’s an awful lot of need&period;”&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>To attract support for the bipartisan proposal from progressives like Warren&comma; Manchin favors a smaller reconciliation package focused on child care and workforce development&period; He also said that reversing Trump-era tax cuts could pay it&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;I want to make sure we pay for it&comma; I do not want to add more debt&comma;” Manchin told reporters&comma; adding&comma; &&num;8220&semi;I didn’t vote for the 2017 tax cuts under President Trump…I thought they were weighed in too much towards the high end&comma; if you will&comma; I think we need to make some adjustments&period;”&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Vermont Senator Bernie Sanders &lpar;I-VT&rpar; told Manchin he would not support the bipartisan deal without &&num;8220&semi;a reconciliation bill that substantially improves the lives of working families and combats the existential threat of climate change&period;&&num;8221&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Biden made a similar comment&period; He warned lawmakers he would not sign the infrastructure deal if they sent it to his desk without his <em>Families Plan<&sol;em> and &&num;8220&semi;other priorities&comma; including clean energy&period;&&num;8221&semi; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<h4 class&equals;"wp-block-heading" id&equals;"h-republicans-immediately-objected"><strong>Republicans immediately objected&period; <&sol;strong><&sol;h4>&NewLine;&NewLine;&NewLine;&NewLine;<p>&OpenCurlyDoubleQuote;If he’s gonna tie them together&comma; he can forget it&excl;” said Senator Lindsey Graham &lpar;R-SC&rpar;&period; &OpenCurlyDoubleQuote;That’s extortion&excl; I&&num;8217&semi;m not going to do that&period; The Dems are being told you can&&num;8217&semi;t get your bipartisan work product passed unless you sign on to what the Left wants&comma; and I&&num;8221&semi;m not playing that game&period;”&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p>Further complicating matters is House Speaker Nancy Pelosi &lpar;D-CA&rpar;&period; She promised not to advance the <mark class&equals;"annotation-text annotation-text-yoast" id&equals;"annotation-text-66fce76c-d26f-4a9d-9e97-56494d247ce0"><&sol;mark>bipartisan infrastructure deal until Senate Democrats pass a reconciliation package&period; &OpenCurlyDoubleQuote;There ain’t going to be an infrastructure bill unless we have a reconciliation bill passed by the Senate&comma;” said Pelosi&period; Keep in mind Pelosi singlehandedly controls which bills reach the House floor&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>Author&&num;8217&semi;s Note&colon; <&sol;strong>Manchin is the only one willing to buck the Democrats and he is likely to get his way&period; This means there is a good chance the Dems will repeal Trump&&num;8217&semi;s tax cuts&period; This will result is a slowdown of the economy while Democrats pursue expanded welfare programs&comma; pushing us closer to socialism&period; This is massively bad&comma; but still better than the &dollar;6 trillion proposal backed by Sanders&period; <&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><strong>Sources&colon; <&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;washingtontimes&period;com&sol;news&sol;2021&sol;jun&sol;27&sol;joe-manchin-pitches-15t-in-social-spending-trump-t&sol;">Manchin pitches repeal of Trump tax cuts&comma; &dollar;1&period;5T in social spending to secure Biden&&num;8217&semi;s infrastructure deal&nbsp&semi;<&sol;a><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;businessinsider&period;com&sol;joe-manchin-infrastructure-plan-congress-republicans-democrats-2021-6">Joe Manchin indicated he would cut a Democratic-only infrastructure plan to &dollar;2 trillion so it doesn’t grow the national debt&nbsp&semi;<&sol;a><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;nationalreview&period;com&sol;2021&sol;06&sol;manchin-bipartisan-infrastructure-deal-should-not-be-conditional&sol;">Manchin&colon; Bipartisan Infrastructure Deal &OpenCurlyQuote;Should Not Be Conditional’&nbsp&semi;<&sol;a><&sol;p>&NewLine;

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