Now that Sen. Joe Manchin (D-WV) has pledged his support for the “Inflation Reduction Act” spending spree for the benefit of green special interests, he is reportedly attempting to influence Sen. Kyrsten Sinema (D-AZ) to come along.
Joe Biden and Senate Majority Leader Chuck Schumer (D-NY) targeted Manchin as the most important Senate Democrat to get on board with the bill. However, they need every one of the 50 Democrat votes in the upper chamber for the measure to have any chance.
The spending bill must also pass muster with the Senate parliamentarian, who could place an insurmountable roadblock in its path if it is ruled not to qualify as a budget reconciliation measure. In that event, it would need at least 60 votes to advance past a filibuster.
Manchin said over the weekend that he expected to begin speaking to Sinema about the bill on Monday.
Sinema has withheld announcing public support for the bill, which is a scaled-down version of Biden’s Build Back Better spending agenda that previously stalled out in the Senate. She has expressed firm opposition to closing the “carried interest tax loophole,” which remains part of the new compromise bill. That provision appears to be of great importance to Manchin.
The move by Manchin to go along with the new compromise bill stands as one of the few occasions when he and Sinema have not stood in opposition to the more radical proposals by the Biden administration.
Both have stood firm in their opposition to doing away with the legislative filibuster rule for ordinary bills. Virtually all other Democrats have urged them to scrap the rule in efforts to pass radical legislation, like codifying abortion rights into federal law after the revesal of Roe v. Wade in June.
Since going on board with the Inflation Reduction Act, Manchin has become a vocal spokesperson for the plan. He has declared it to be a “good balanced piece of legislation” even though it took eight months for him to agree to support it. He has firmly declared that the bill does not raise any taxes, although it expressly does so.
If Sinema withholds her support of the bill, it will effectively end the spending plan unless Schumer can convince at least one GOP Senator to vote for it.