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President Joe will not pass the 3.5 tril plan

Journal by fustakrakich

Consider it dead, along with voting/medical rights, despite Pelosi's theatrical drama

Using a legislative maneuver called reconciliation, the budget resolution is protected from being filibustered in the Senate, allowing a simple majority to approve the legislation in each chamber.

With the evenly divided Senate, Manchin is a needed vote for Democrats. They can pass the budget bill with 50 votes, meaning all Democratic-voting senators need to vote "aye" because no Republicans are expected to support the massive legislation.

But, Manchin wrote Thursday, "I, for one, won’t support a $3.5 trillion bill, or anywhere near that level of additional spending, without greater clarity about why Congress chooses to ignore the serious effects inflation and debt have on existing government programs."

Wall Street bailouts (roughly 3.5 trillion every two and a half years)? No problem

Probably just as good, we're not supposed to have that much pork in our diets anyway.

President Joe will not pass the 3.5 tril plan | Log In/Create an Account | Top | 62 comments | Search Discussion
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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 2) by aristarchus on Friday September 03 2021, @10:20PM (7 children)

    by aristarchus (2645) on Friday September 03 2021, @10:20PM (#1174282) Journal

    Shut up, khallow! You are thinking like a businessperson, not an economist. Money is not real, it is merely a medium of exchange. We do not "run out of it" as a society. Why are libertarians all such tightwads?

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  • (Score: 1) by khallow on Saturday September 04 2021, @12:30AM (6 children)

    by khallow (3766) on Saturday September 04 2021, @12:30AM (#1174315) Journal

    Money is not real, it is merely a medium of exchange.

    Ok, so now we're talking more than money, we're talking exchanges. So what is being exchanged that matters to you?

    Why are libertarians all such tightwads?

    Why wouldn't we be?

    • (Score: 2) by aristarchus on Saturday September 04 2021, @06:28AM (5 children)

      by aristarchus (2645) on Saturday September 04 2021, @06:28AM (#1174395) Journal

      Because, selfish, egoistic pricks with no social skills? Ayn Rand imitators? What is exchanged is Capital, the resources of a society. If you do not understand that, you do not remotely comprehend economics as a science. Sorry, khallow, but you are an idiot.

      • (Score: 1) by khallow on Saturday September 04 2021, @10:37AM (4 children)

        by khallow (3766) on Saturday September 04 2021, @10:37AM (#1174417) Journal
        Or because being generous with other peoples' money is a pretty ugly thing.

        • (Score: 3, Touché) by aristarchus on Saturday September 04 2021, @10:54AM (3 children)

          by aristarchus (2645) on Saturday September 04 2021, @10:54AM (#1174421) Journal

          Actually not, especially since they stole it from the workers in the first place.

          • (Score: 1) by khallow on Saturday September 04 2021, @12:49PM (2 children)

            by khallow (3766) on Saturday September 04 2021, @12:49PM (#1174441) Journal

            Actually not, especially since they stole it from the workers in the first place.

            And those workers "stole" it from somebody else, and so on. At some point, if you want a civilized society, you have to curb the theft. This is a great place to curb that theft. It's all centralized in one place. Just flip that switch to "less bad".

            • (Score: 0) by Anonymous Coward on Tuesday September 07 2021, @07:01PM (1 child)

              by Anonymous Coward on Tuesday September 07 2021, @07:01PM (#1175452)

              Love when you do a self-own thinking it was a valid point.