As Biden Pulls the Rug, Republican Senators Say “No Deal by Extortion!”

Biden negotiated a compromise deal with 11 Republican Senators on a big infrastructure package. Within hours of the deal, Biden had new demands. 

Graham is a warmonger and extreme political opportunist of the worst kind. He went from brutal attacks on Trump to sucking up in the worst way (wrong on both ends). 

However, one must discuss the issues at hand rather than hypocrisy, biased partisanship, and issues not at hand.

On that basis, Graham is correct in his stance. 

Biden’s Change of Tune

Just hours after Biden embraced a nearly $1 trillion infrastructure plan crafted by a bipartisan group of senators on Thursday, he said he wouldn’t sign it unless Congress also sent him a package of child-care, climate, education and other provisions expected to advance without GOP votes.

Biden’s Change In Tune puts the deal in jeopardy. 

The White House said that Mr. Biden spoke with Sen. Kyrsten Sinema (D., Ariz.) on Friday and reiterated his support for both pieces of legislation. Ms. Sinema’s office declined to comment. The centrist lawmaker, who helped lead the bipartisan talks, said a day earlier at the White House that she was “always committed to work with anyone to get things done” when asked about reconciliation.

Senate Minority Leader Mitch McConnell (R., Ky.) said on the Senate floor late Thursday that Democratic leaders had “pulled the rug out from under their bipartisan negotiators” by insisting on parallel tracks and issued “an ultimatum on behalf of your left-wing base.”

“There is one deal and that is a deal that includes all the things we need for infrastructure,” said Sen. Elizabeth Warren (D., Mass.) “They have to come together. It’s not possible to do one without the other.”

But centrist Democrats have balked at the size and price tag of Senate Budget Committee Chairman Bernie Sanders’s (I., Vt.) plan to draft a $6 trillion package that Democrats could pass without GOP support through the reconciliation process.

The defection of a single Democrat would derail the process, given the 50-50 Senate. Sen. Joe Manchin (D., W.Va.) has already signaled misgivings about the package’s cost and the amount of debt incurred.

House Speaker Nancy Pelosi (D., Calif.) said Thursday she wouldn’t bring up the bipartisan infrastructure bill unless the antipoverty package had passed the Senate.

“The last thing they want is for true infrastructure, responsibly paid for, to pass because that’s the sweetener that allows them to try to spend all this additional money through reconciliation on their entire socialist agenda,“ said Sen. John Barrasso of Wyoming, a member of Senate GOP leadership. 

Some Republicans, including Sen. Jerry Moran of Kansas, had backed the bipartisan proposal earlier in part because they hoped it would make a second package a harder sell to centrist Democrats. Mr. Moran was working Friday to seek assurances from Mr. Manchin, Ms. Sinema and other Democrats who worked on the bipartisan deal that they wouldn’t support the reconciliation package, according to his spokesman.

Lies, Delusions, and Accurate Statements

  • Sanders is delusional to propose spending $6 trillion when Manchin and Sinema have concerns over $1 trillion.
  • Warren is a liar when she says “It’s not possible to do one without the other.” Of course it’s possible. Rather what is impossible is to get Republican support for huge tax increases.
  • I suspect Pelosi is a liar as well, but that is not proven yet.
  • The Gold Medal winner for statement of the day goes to Sen. John Barrasso: “The last thing they want is for true infrastructure, responsibly paid for, to pass because that’s the sweetener that allows them to try to spend all this additional money through reconciliation on their entire socialist agenda.”

In Jeopardy

I do not see republicans supporting the antipoverty package that she demands. And if they don’t, would she rather have something or nothing?

Of course, this really comes down to the same key question.

Key Question

What precisely will Senators Joe Manchin of West Virginia and Krysten Sinema of Arizona go along with?

I do not know, nor does anyone else. 

We do know that Sinema’s office declined to comment. But no one can say what that means, if indeed anything at all. 

Manchin seems easier to read. He has stated misgivings about the package’s cost and the amount of debt incurred. I suspect he would bend a little, but not much. 

However, the amount he is willing to bend may depend on how much Sinema is willing to bend. It’s easier on both of them if they stay together. 

Brexit Analogy

As former UK Prime Minister Theresa May said in a lie “No deal is better than a bad deal.”

Theresa May lied because she tried hard to get the worst deal possible with the EU. Fortunately, Boris Johnson delivered the goods: True Brexit.

In the US, we are now at the mercy of what Manchin and Sinema will agree with. I believe not much, but I could be wrong.

Battle Cry of the Day

Progressives are highly unlikely to be pleased. And the more displeased they are, the better off the country will be. 

Some infrastructure spending is warranted, but it is not worth the stated cost demanded by Biden, Pelosi, Warren, and Sanders. 

No deal is better than a bad deal” is again the appropriate battle cry of the day.

Mish

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Captain Ahab
Captain Ahab
2 years ago
The USA got what it voted for. I don’t see the problem.
Casual_Observer
Casual_Observer
2 years ago
The QOP cannot be trusted. They are insurrectionists at heart.
AWC
AWC
2 years ago
Best we could hope for is max gridlock. 
At this point it would only buy time, though, until the end game of all the profligate stupidity on the part of TPTB,,,,,”the destruction of the currency involved,” to paraphrase Ludwig von Mises.
whirlaway
whirlaway
2 years ago
“Progressives are highly unlikely to be pleased. And the more displeased they are, the better off the country will be. “

Riiiiiiiight!   Progressives are very displeased at all that has happened over the last 40 years.  And look, how better off this country is now!  😉

njbr
njbr
2 years ago

TEL AVIV—About half of adults infected in an outbreak of the Delta variant of Covid-19 in Israel were fully inoculated with the Pfizer Inc. vaccine, prompting the government to reimpose an indoor mask requirement and other measures to contain the highly transmissible strain.

Preliminary findings by Israeli health officials suggest about 90% of new infections were likely caused by the Delta variant, according to Ran Balicer, who leads an expert advisory panel on Covid-19 for the government. Children under 16, most of whom haven’t been vaccinated, accounted for about half of those infected, he said.

The government this week expanded its vaccination campaign to include all 12- to 15-year-olds after a jump in infections among schoolchildren in a town in central Israel. It has since quickly spread geographically and to other groups of the population.

The number of cases in Israel is relatively low by global standards. But new cases of Covid-19 rose to over 200 on Thursday from around 10 a day for most of June.

WSJ NEWSLETTERNotes on the News

amigator
amigator
2 years ago
Reply to  njbr
Thought you had some good comments then I see your source…..
Greggg
Greggg
2 years ago
Seems that predictions of President Biden’s Administration becoming lame duck after the first 100 days are coming true.  I see nothing changing in the future.
amigator
amigator
2 years ago
Reply to  Greggg
Nothing like shaking hands on a deal and then pissing all over that exact deal the next day!   It took JB 47(?) years of political experience to figure that one out. Just think what he could learn with another 47 years!
This is all Unbelievable!
njbr
njbr
2 years ago
Yeah, when fine upstanding people like Lindsey Graham and Mitch McConnell, who only want to act in the interest of America, are upset about politicians acting in bad faith you know you should be upset…huh, right?
Sounds to me that their old playbook got played.
rktbrkr
rktbrkr
2 years ago
It’s a good try by biden but unless he’s holding something big over both Manchini and Sinema he still doesn’t have 50 senate votes, in the end he can either swallow hard and sign the infra bill alone or let infra wait another year. He can at least tell the dem lib wing he tried really hard to get another $5 trillion for daycare etc but he can’t get to 50. we don’t need another 6 T debt
amigator
amigator
2 years ago
Reply to  rktbrkr
Be patient within 3-6 years we will see our first 20 Trillion relief/stimulus package, infrastructure (for all) and of course something for the banks.

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