Sen. Pat Toomey (R-Pa.) on Sunday cast doubt on Democrats’ claims that a newly announced climate, health care and tax package would reduce the deficit and inflation, instead calling its cost projections a “gimmick.”
During an appearance on CBS’s “Face the Nation” with guest moderator John Dickerson, Toomey said the projected revenues from tax changes will be accrued over 10 years, while the projected expenses assume the package’s health care subsidy extension will ultimately e...
Month: July 2022
Progressives need to stop making plans around ending the filibuster
The Supreme Court’s radical shift to the right — sharply narrowing states’ ability to regulate firearms or prevent religious coercion in schools, hobbling federal efforts to fight climate change and public health threats, overruling Roe v. Wade, and much more — has brought even more insistent demands for abolishing the filibuster. Doing so now seems to be the first step in most prominent progressives’ plans for correcting what the court and the Trump administration have done or for safe...
Toomey says ‘Joe Manchin has been taken to the cleaners’ on climate deal
window.loadAnvato({"mcp":"LIN","width":"100%","height":"100%","video":"7873242","autoplay":false,"expect_preroll":true,"pInstance":"p1","plugins":{"comscore":{"clientId":"6036439","c3":"thehill.com","version":"5.2.0","useDerivedMetadata":true,"mapping":{"c3":"thehill.com","ns_st_st":"hill","ns_st_pu":"Nexstar","ns_st_ge":"TheHill.com","cs_ucfr":""}},"dfp":{"adTagUrl":"https://pubads.g.doubleclick.net/gampad/ads?sz=1x1000&iu=/5678/nx.thehill/just_in/landing&ciu_s...
Manchin says Sinema not involved in bill talks because he ‘didn’t think it would come to fruition’
Sen. Joe Manchin (D-W.Va.) on Sunday said the reason lawmakers such as Sen. Kyrsten Sinema (D-Ariz.) were not brought into negotiations on a climate, health care and taxes deal that he struck with Senate Majority Leader Charles Schumer (D-N.Y.) was that he feared it wouldn't come to "fruition."
The deal would require the support of all 50 Senate Democrats, placing Sinema, who was not involved in the behind-the-scenes negotiations, in close scrutiny until she announces a positi...
Biden promotes health care proposals in reconciliation package on Medicare, Medicaid anniversaries
President Biden emphasized the provisions on health care in the health, climate and tax package that is set for a Senate vote in a statement recognizing the 57th anniversaries of the creation of Medicare and Medicaid.
Biden said in the statement that the legislation, called the Inflation Reduction Act, will maintain the eligibility improvements to the Affordable Care Act that were included in the American Rescue Plan, which saved 13 million Americans an average of $800 p...
Manchin-Schumer bill could bring down the deficit. Inflation — that’s debatable
Senate Democrats are plowing forward with a sprawling tax reform and revenue plan that advances key pieces of President Biden’s legislative agenda, including tax provisions long sought by the party to help front investments in health care and climate.
Democrats say the new bill, dubbed the Inflation Reduction Act, aims to live up to its name and fight inflation, in part, by reducing the deficit.
And some experts agree that the measure could be...
The Hill’s 12:30 Report — Presented by McDonald’s — How the Manchin-Schumer deal came about
To view past editions of The Hill's 12:30 Report, click here: https://bit.ly/30ARS1U
To receive The Hill's 12:30 Report in your inbox, please sign up here: https://bit.ly/3qmIoS9
--> A midday take on what's happening in politics and how to have a sense of humor about it.* *Ha. Haha. Hahah. Sniff. Haha. Sniff. Ha--breaks down crying hysterically.
TALK OF ...
The Hill’s Morning Report — US economy shrinks, recession fears grow
window.loadAnvato({"mcp":"LIN","width":"100%","height":"100%","video":"7870485","autoplay":false,"expect_preroll":true,"pInstance":"p3","plugins":{"comscore":{"clientId":"6036439","c3":"thehill.com","version":"5.2.0","useDerivedMetadata":true,"mapping":{"c3":"thehill.com","ns_st_st":"hill","ns_st_pu":"Nexstar","ns_st_ge":"TheHill.com","cs_ucfr":""}},"dfp":{"adTagUrl":"https://pubads.g.doubleclick.net/gampad/ads?sz=1x1000&iu=/5678/nx.thehill/just_in/landing&ciu_s...
Democrats’ drug-pricing plan warrants disinformation flag for seniors
Senate Democrats are moving forward with a falsely advertised drug pricing plan. Liberals, and even maverick Sen. Joe Manchin (D-W.Va.), claim their newest plan will help lower drug costs for seniors and even drive down inflation. As always, however, the fine print says something else. In fact, the scheme would be a disaster for the development of life-extending, life-improving medicines and medical devices.
Start with the money. The details show their proposal is more about ...
Inside the secret Manchin-Schumer deal: Dems shocked, GOP feels betrayed
West Virginia Sen. Joe Manchin (R-W.Va.) and Senate Majority Leader Charles Schumer (D-N.Y.) reached their agreement on a major tax and climate package Tuesday evening but kept it a closely-guard secret — giving Democrats just enough time to pass a $280 billion chips and science bill that Republicans would have otherwise blocked.
The announcement of the deal, which would raise $739 billion in new tax revenue, fund an array of new climate provisions and pay down $300 bil...