US: Key Senator wants $3.5 billion Biden plan to pause

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photo source: Agerpres

Posted by: Ilie Pîrvan

News / International

03 Sep. 2021 / 10:07

US: Key Senator wants $3.5 billion Biden plan to pause

Democratic Sen. Joe Manchin on Thursday urged his party to "take a break" in congressional proceedings over Joe Biden's $.3.5 trillion huge social reform plan, threatening this piece of resistance in the US president's program, reports AFP, quoted by Agerpres.

Democrats control Congress, but their majority in the Senate is so small they can't afford to break this plan.

Centrist Joe Manchin had already announced that the bill displayed for this plan seemed too large.

But as parliamentary committees work out the precise content of the Biden project, he reaffirmed his position in an opinion piece published in the Wall Street Journal, citing risks to inflation, debt, the pandemic or future international crises.

If it does not mean the death of the project, its remarks and the outraged reactions it provoked in the left wing of the party indicate that negotiations will be very difficult to reach a democratic consensus.

"Congress should take a strategic break" on the bill, the West Virginia senator wrote. This is "necessary" to get "more clarity on the trajectory of the pandemic and will allow us to determine whether inflation is transitory or not," according to the article.

"I believe that spending an extra trillion dollars not only ignores the current economic reality, but guarantees that America will be weakened in the budget when faced with a future recession or a national emergency," the Democratic senator wrote.

The young Democrat in the House of Representatives Alexandria Ocasio-Cortez reacted by criticizing Senator Manchin, whom she accused of being close to large oil groups.

Free kindergartens, better access to health services, investment in public housing, regularization of immigrants or the fight against climate change: this project called Build Back Better by President Joe Biden provides investments of 3,500 billion dollars per year. over the course of ten years to "transform" American society. This is an amount almost equivalent to Germany's GDP in 2020 ($3.8 trillion).

Proponents of the plan say that these investments will be "largely offset" by financial income, especially through taxes, and therefore avoid the risk of economic overheating.

The two chambers of Congress passed a resolution this summer, with the help of Democrats alone, setting out the total amount and priorities of the plan. The various parliamentary commissions have until September 15 to present its precise content, writes AFP, quoted by Agerpres.

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