Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool

Manchin and Sinema Hold Out: Democrats Secretly Accept Defeat on $3.5 Trillion

October 13, 2021 By The Editors

Senator Joe Manchin at NETL. July 7, 201. Photo Simon Edelman, Energy Department.

House Speaker Nancy Pelosi and Sen. Majority Leader Chuck Schumer appear to be realizing that their dreams of a $3.5 trillion reconciliation bill are over. Sens. Manchin and Sinema have blocked the passage of such an outrageously bloated spending bill, for one that will still likely be outrageous and bloated, but less so. Now, in private, Pelosi and other Democrat Party leaders are attempting to determine where the remaining money will go, and what will get cut. Haley Byrd and Ryan Brown report in The Dispatch:

Democratic leaders are considering how to cut costs, including moving up the expiration dates of new programs and setting stricter income parameters for who can qualify. But they are also weighing which priorities should be pursued and which can be removed altogether. Pelosi said in her letter Monday that “overwhelmingly, the guidance I am receiving from Members is to do fewer things well so that we can still have a transformative impact on families in the workplace and responsibly address the climate crisis.”

Congressional Democrats have to be almost completely unified in the House, where they only hold a slim majority, and they cannot afford to lose any support in the evenly divided Senate.

Pelosi said this morning that she is “very disappointed that we’re not going with the original $3.5 trillion, which was very transformative.” She emphasized her priorities are to focus on expanding health care access, addressing climate change, and childcare provisions.

“We’re still talking about a couple of trillion dollars, but it’s much less,” she told reporters.

To pass the bill over Republican opposition through the budget reconciliation process, Democrats have to be almost completely unified in the House, where they only hold a slim majority—and they cannot afford to lose any support in the evenly divided Senate.

If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.

Related Posts

  • Defeat in Georgia—a Gut Punch to Democrats
  • Joe Manchin's Current Power over Democrats: Unrivaled and Extraordinary
  • Sens. Sinema, Manchin Resist Biden/Harris Radical Progressive Agenda
  • Sen. Joe Manchin and Democrats Trying to Kill West Virginia's Tax Cut Plan
  • Author
  • Recent Posts
The Editors
Latest posts by The Editors (see all)
  • TERROR TACTICS: Globalists Use Fear to Demand Compliance - February 3, 2023
  • Are Flights About to Get MORE Expensive? - February 3, 2023
  • Is Amazon’s Slowdown a Warning? - February 3, 2023

Dick Young’s Must Reads

  • BEYOND RUSSIA: America Strengthens India Ties to Counter China
  • Why Black Lives Matter Needs to Be Shut Down
  • California’s Progressive Liberals Have Created a Monster
  • Robo-Advisors: When You Have a Lot More to Lose than Money
  • Why Investors Should Forget Prices and Focus on Income
  • Yes! Money Can Bring You Happiness
  • DIGITAL ID: You Are More than a Soulless Digital Identity
  • Can Curcumin Help in Fighting Cancer?
  • The Four Most Important Words in Investing
  • Making America Great Again Is What America Wants

Our Most Popular Posts

  • Will Western Tanks Be a Game Changer in Ukraine?
  • Warren Miller: If You Don’t Do It This Year, You’ll Be…
  • Europe Should Protect Itself
  • “I Will Veto Everything They Send Me”
  • How to Fight Wokism Idiocy
  • US Debt Now Exceeds Annual GDP?
  • The Neocon Russia-Hoaxers of Hamilton 68 Must Be Held Accountable
  • Why Don’t These Mayors Seem to Care?
  • What Kind of Life Are You Investing For?
  • SEN. KENNEDY: This Is How to Fix Biden's Border Disaster

Disclosure

RSS Youngresearch.com

  • Your Retirement Life: Adventure Awaits
  • UK Takes Aim at the Cryptocurrency Industry
  • Early Advice from Her Dad on Tipping at Charlie Trotter’s
  • Do You Trust This Rally?
  • Reagan’s America Remembered by Your Survival Guy and More
  • What Happens if the “Fed Put” Is Over for Good?
  • Tom Brady Retires, Again. Should You?
  • What Kind of Life Are You Investing For?
  • Warren Miller: If You Don’t Do It This Year, You’ll Be…
  • Are the Realists Winning the Debate over the Future of EVs?

RSS Yoursurvivalguy.com

  • Your Retirement Life: Adventure Awaits
  • Zumwalt-Class Guided Missile Destroyers to Get Hypersonic Weapons
  • Early Advice from Her Dad on Tipping at Charlie Trotter’s
  • Treasury Bonds Ready to Rock and Roll
  • Survive and Thrive February 2023: 4 Life Changing Words: “You Should Try This”
  • Tom Brady Retires, Again. Should You?
  • Reagan’s America Remembered by Your Survival Guy and More
  • America’s Unprecedented Debt Problem
  • Iran’s Ballistic Missiles Could Give Russia the Edge in Ukraine
  • What Kind of Life Are You Investing For?

EVs and Human Trafficking/Modern Slavery

USA and Russia: A Global War for Resources?

TERROR TACTICS: Globalists Use Fear to Demand Compliance

Your Retirement Life: Adventure Awaits

Are Flights About to Get MORE Expensive?

Dick Young: Learn from Hillsdale College Online

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives