Schumer urges Senate to finalize deal with Manchin before August recess

WASHINGTON — Senate Majority Leader Chuck Schumer, DN.Y., told fellow Democrats during a closed meeting Thursday that he intends to pass a big spending bill before the chamber’s August recess, according to a Democrat inside the meeting.

Schumer’s comments came a day after Sen. Joe Manchin, DW.Va., a key moderator, announced his support for the deal. The package includes big investments in drug pricing, as well as measures to tackle climate change and taxes for the rich — priorities Democrats “have been fighting for for decades,” Schumer said.

The deal signals a significant step in reviving elements of President Joe Biden’s agenda after Manchin said in December that he would not vote for the president’s Build Back Better Act, his original spending proposal.

On Thursday, Biden urged Congress to pass the package, hailing it as “the most important investment, not the hype, we’ve ever made in our energy security” and insisting it would “reduce inflationary pressures” on the Business”.

“We should get through this today and move,” he said.

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In a joint statement Wednesday, Schumer and Manchin said the bill “would make a historic down payment for deficit reduction, fight inflation, invest in domestic energy generation and manufacturing, and reduce carbon emissions by about 2030.” 40 percent reduction” while allowing Medicare to negotiate prescription drug and lower healthcare costs.

“This law is far from perfect, it is a compromise. But that’s often how progress is made, through compromise,” Biden said. “My message to Congress is this is the strongest legislation you can pass to bring down inflation, lower the deficit, lower health care costs, address the climate crisis and promote energy security. And all while reducing the burden on working-class and middle-class families. So watch it.”

Manchin told reporters that he had not spoken to Sen. Kyrsten Sinema, D-Ariz., about the deal, adding that he was unwilling to remove an income-generating provision that would increase taxes on carried interest — a measure from which she previously said she was against it.

“We haven’t raised taxes, so she should be happy with that,” Manchin said, noting that the bill included no tax increases except at a minimum of 15 percent. “I hope all are doing well.”

Sinema’s office reiterated that she would not take a position on the bill at this time, with a spox for Sinema telling NBC News: “She has no comment, she is reviewing the text and needs to review what emerges from the parliamentary process. ”

In his call to Democrats earlier Thursday, Schumer acknowledged that the Senate is running against the clock. Passing the bill “requires us to stick together and work long days and nights for the next 10 days,” Schumer said at the meeting, according to a Democrat. “We have to be disciplined in our message and our focus. It’s going to be difficult.”

The bill does not include provisions for paid leave, which has been criticized by some supporters, who say the Supreme Court decision has made it increasingly important to eliminate the constitutional right to abortion. Manchin has previously expressed his opposition to the Democrats’ proposal for paid leave.

https://www.nbcnews.com/politics/congress/schumer-urges-senate-pass-deal-manchin-august-recess-rcna40446 Schumer urges Senate to finalize deal with Manchin before August recess

Fry Electronics Team

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