{"id":1576774,"date":"2022-07-28T13:56:19","date_gmt":"2022-07-28T17:56:19","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1576774"},"modified":"2022-07-28T13:56:40","modified_gmt":"2022-07-28T17:56:40","slug":"this-is-an-american-bill-joe-manchin-defends-new-reconciliation-package","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/this-is-an-american-bill-joe-manchin-defends-new-reconciliation-package\/","title":{"rendered":"\u2018This Is An American Bill\u2019: Joe Manchin Defends New Reconciliation Package"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fthis-is-an-american-bill-joe-manchin-defends-new-reconciliation-package%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1576774&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Democratic West Virginia Sen. Joe Manchin defended his decision to support a likely party-line reconciliation package during a Thursday press call, claiming that the bill would combat inflation and promote American energy independence.<\/p>\n<p>The <a href=\"https:\/\/www.democrats.senate.gov\/imo\/media\/doc\/inflation_reduction_act_of_2022.pdf\">Inflation Reduction Act of 2022<\/a>, announced <a href=\"https:\/\/dailycaller.com\/2022\/07\/27\/joe-manchin-will-support-reconciliation-package\/\">Wednesday<\/a>, creates a corporate minimum tax rate of 15% for billion-dollar corporations, pays $300 billion against the federal deficit, and creates prescription drug price caps. The legislation also includes nearly $370 billion in green energy subsidies and tax credits. The Internal Revenue Service would receive nearly $79 million to increase tax enforcement and hire new agents.<\/p>\n<p>\u201cThis is not a Democrat bill, this is not a Republican bill, this is an American bill,\u201d Manchin told reporters. \u00a0\u201cIn normal rational times, this would have been a bipartisan bill.\u201d <strong><a href=\"https:\/\/dailycaller.com\/2021\/06\/04\/joe-manchin-infrastructure-bill-bipartisan-support-gop-republican-joe-biden-kyrsten-sinema\/\">(RELATED: Manchin Suggests He Won\u2019t Back Infrastructure Bill Without Bipartisan Support From Republicans)<\/a><\/strong><\/p>\n<p>Despite Manchin\u2019s hopes, the bill is not expected to receive significant Republican support. In addition, fellow Democratic Arizona Sen. Kyrsten Sinema objected in 2021 to any tax increases. In addition to the raised corporate rate, Manchin\u2019s bill eliminates a <a href=\"https:\/\/dailycaller.com\/2021\/11\/05\/squad-socialists-silent-carried-interest-wall-street\/\">provision<\/a> of the tax code that allows some Wall Street executives to treat portions of their salaries as investment gains.<\/p>\n<p>\u201cWhat we have is a good bill that is fair to everyone. It\u2019s not my way or the highway but my goodness. I think that the people who have benefited from carried-interest for years know they\u2019ve had a good run,\u201d Manchin said of the provision and Sinema\u2019s potential opposition.<\/p>\n<div id=\"attachment_7487776\" class=\"wp-caption alignnone\"><img decoding=\"async\" aria-describedby=\"caption-attachment-7487776\" class=\"size-full wp-image-7487776\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/sinema-scaled-1.jpg\" alt=\"\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/sinema-scaled-1.jpg 2560w, https:\/\/cdn01.dailycaller.com\/wp-content\/uploads\/2022\/07\/sinema-180x120.jpg 180w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/sinema-620x413-1.jpg 620w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/sinema-768x512-1.jpg 768w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/sinema-1536x1024-1.jpg 1536w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/07\/sinema-2048x1365-1.jpg 2048w\" \/><\/p>\n<p id=\"caption-attachment-7487776\" class=\"wp-caption-text\">WASHINGTON, DC \u2013 MAY 14: Senate Aviation and Space Subcommittee ranking member Sen. Kyrsten Sinema questions witnesses during a hearing in the Dirksen Senate Office Building on Capitol Hill on May 14, 2019 in Washington, DC. (Photo by Chip Somodevilla\/Getty Images)<\/p>\n<\/div>\n<p>Manchin acknowledged the left-wing protest campaign he faced throughout 2021 as he negotiated and objected to various provisions of the Build Back Better package. Activists <a href=\"https:\/\/dailycaller.com\/2021\/10\/02\/protesters-in-kayaks-swarm-joe-manchins-yacht-to-tell-him-3-5-trillion-isnt-spending\/\">kayaked<\/a> up to his boat in October 2021, demanding he support Build Back Better. Another group of protesters <a href=\"https:\/\/dailycaller.com\/2021\/10\/03\/university-of-arizona-kyrsten-sinema-build-back-better-plan-act\/\">followed<\/a> Sinema into a bathroom at Arizona State University.<\/p>\n<p>\u201cNo one in their right mind would go through the protests and harassment that I went through,\u201d he said. <a href=\"https:\/\/dailycaller.com\/2021\/11\/04\/climate-activists-confront-joe-manchin\/\"><strong>(RELATED: \u2018We Want To Live!\u2019: Climate Activists Confront, Heckle Joe Manchin)<\/strong><\/a><\/p>\n<p>Manchin added that the climate provisions were made necessary by the Biden administration\u2019s attempt to secure oil from Venezuela and Iran. He claimed that the bill will not require the phasing out of fossil fuels, only creating a tax credit up to $7,500 for electric vehicle purchases. It reinstates an offshore oil and gas lease that the Biden administration tried to block, and requires three more lease auctions. At the same time, the legislation raises the royalty for energy production on federal lands.<\/p>\n<p>\u201cI just felt that there was an opportunity here to give us an energy policy with the security that we need for our nation, but also drive down the prices, the high prices, of gasoline,\u201d he said. \u201cEnergy security and climate are where we truly have two paths. We have a robust energy for our fossils, so we have a clear pathway that we can basically compete, be energy independent, not depending on foreign nations for our energy supplies that we need right now, and be able to backfill our allies, especially in Europe.\u201d<\/p>\n<p>\u201cEliminate, eliminate, eliminate. I was never for that,\u201d Manchin continued of the Build Back Better plan\u2019s approach to fossil fuels. At the same time, he expressed concern about the inputs for green energy technologies.<\/p>\n<p>Xi Jinping \u201chas a noose around our neck with critical minerals,\u201d Manchin explained.<\/p>\n<p>Manchin also pushed back on horse-race coverage of the legislation. He said that media coverage of his position on reconciliation was unfair, and that he had only expressed concern about inflation, not the idea of any package.<\/p>\n<p>\u201cI would respect it if they just print the facts,\u201d he said of a New York Times <a href=\"https:\/\/www.nytimes.com\/2022\/07\/27\/us\/politics\/manchin-climate-tax-bill.html\">report<\/a>, claiming that his support for the new package is not a \u201creversal.\u201d<\/p>\n<p>\u201cYou shouldn\u2019t be surprised. I\u2019ve never walked away from anything in my life.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Democratic West Virginia Sen. Joe Manchin defended his decision to support a likely party-line reconciliation package during a Thursday press call, claiming that the bill would combat inflation and promote<\/p>\n","protected":false},"author":67,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1576774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1576774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1576774"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1576774\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1576774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1576774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1576774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}