![]() Date: 2025-03-14 Page is: DBtxt003.php txt00020956 | |||||||||
US Politics | |||||||||
![]() Sen. Joe Manchin (D-WV) // CBS News Original article: https://www.alternet.org/2021/09/manchin/ Burgess COMMENTARY Back in the 1980s and '90s some of the work I did was to do with 'Government Financial Management', mainly outside the United States. As an accountant and former corporate CFO, I was appalled at the outdated methodologies being used in this arena, and especially in so-called 'advanced economies' like the United States. Financial management at the national level is different from financial management at the household level, yet many politicians argue that a country should behave like a household ... and this is essentially what Senator Manchen is doing. Interestingly it is what Republican politicians argue for when they are out of power, while when they are in power they suddenly become profligate spenders. It would be good if the work of the US Congessional Budget Office (CBO) could be brought up-to-date and made much more fit-for-purpose and better metrics than national GDP (Gross Domestic Product) used to plan and report on the performance of the socio-enviro-economic system. Better metrics can result in way better progress and performance than has become the norm during the last several decades! Peter Burgess | |||||||||
Manchin blasted for urging 'pause' to Dems’ $3.5T spending plan as climate change batters US infrastructure
With dozens dead across the Eastern United States in the wake of Hurricane Ida this week, Sen. Joe Manchin on Thursday drew the ire of progressives by opposing Democrats' plan to quickly pass a $3.5 trillion package that would improve social programs and tackle the climate emergency. The youth-led Sunrise Movement delivered a concise response to Manchin's op-ed in the Wall Street Journal, in which the West Virginia Democrat outlined a position that jeopardizes not only the $3.5 trillion package his party aims to advance using the budget reconciliation process—due to the threat of a GOP filibuster in the Senate—but also a smaller bipartisan infrastructure bill. 'Abolish the Senate,' said Sunrise Movement communications director Ellen Sciales, whose family home flooded late Wednesday as the remnants of Ida struck the Northeast. Senate Democrats, including Manchin, approved the budget blueprint for the $3.5 trillion package in mid-August, and the House passed it along party lines nearly two weeks later. President Joe Biden supports Democrats' plans to swiftly pass both that package—for which party leaders are now crafting formal legislation—and the bipartisan bill. However, Manchin argued in an op-ed described by critics as 'laughable' that 'instead of rushing to spend trillions on new government programs and additional stimulus funding, Congress should hit a strategic pause on the budget reconciliation legislation.' The right-wing Democrat—who has had a key role in negotiations with the White House about legislation investing in physical and human infrastructure—wrote in part: A pause is warranted because it will provide more clarity on the trajectory of the pandemic, and it will allow us to determine whether inflation is transitory or not. While some have suggested this reconciliation legislation must be passed now, I believe that making budgetary decisions under artificial political deadlines never leads to good policy or sound decisions. I have always said if I can't explain it, I can't vote for it, and I can't explain why my Democratic colleagues are rushing to spend $3.5 trillion.The Debt Collective pushed back on Twitter, declaring: 'Debt is being weaponized here to commit extraordinary violence. Debt is being used as the alibi for mass extinction. Joe Manchin is using debt as a weapon and aiming it directly at your job, directly at your children, directly at our futures.' Citizens for Tax Justice said that 'Sen. Manchin talks a lot about spending, the debt, and what we can and cannot afford, failing to mention even once that we could pay for it all by simply requiring the richest Americans and tax-dodging corporations to pay their fair share of taxes.' Rep. Jamaal Bowman (D-N.Y.) responded to the op-ed with photos of the damage that the storm and subsequent flooding did to his district overnight Wednesday. He asked, 'How much destruction do we need to see before it's worth investing in our climate?' Rep. Alexandria Ocasio-Cortez (D-N.Y.)—who is among the progressives threatening to withhold support for the bipartisan bill unless lawmakers urgently advance the broader package—noted not only the impact of the storm but also fossil fuel giant ExxonMobil's reported lobbying of Manchin regarding infrastructure legislation. Alexandria Ocasio-Cortez @AOC ·Rather than Manchin's proposed pause on the popular reconciliation legislation, Ocasio-Cortez said, 'maybe we hit the 'cancel' button on this so-called 'bipartisan' charade of an Exxon lobbyist-drafted infrastructure bill unless we actually pass a law that helps people's lives with healthcare expansion, childcare, climate action, etc.' As Common Dreams has reported, progressives have condemned the bipartisan measure for funding 'false' climate solutions and pointed to it as proof that it is necessary to simultaneously advance a $3.5 trillion bill. 'Alternatively,' Ocasio-Cortez added, 'if we want to bring down the $3.5 [trillion] we can bring back taxing the rich and boosting IRS enforcement that [moderates] originally worked so hard to trim back!' Writer Zach Carter suggested that Manchin's op-ed 'is all-in for tanking the Biden presidency' and whatever strategy Biden and Democratic leadership are pursuing with him 'isn't working.' 'Manchin has had [about six] months to learn what this bill does,' Carter noted. 'He's been involved in serious negotiations over it all year. He now says that he has no idea what the bill does. And he thinks that's a smart thing to say in public.' 'It's really not hard to figure out what's on the agenda,' he added, pointing to a White House fact sheet. 'The public can read about it on the internet. Manchin is begging people to believe that he's a fool.' --------------------------------------------- FROM YOUR SITE ARTICLES
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