Back before the monstrous bill Joe Biden just signed into law, the Inflation Reduction Act, was passed, West Virginia Senator Joe Manchin was all on board with it, proudly claiming that it would put America’s fiscal house in order and reign in irresponsible spending before it’s too late.
In a late July press release released by his office, for instance, Senator Manchin was quoted as saying:
“Over the last year, leaders in Washington have ignored repeated warnings about the severe threat of inflation and the consequences of unprecedented domestic spending. Despite these concerns and my calls to give the country time to fully realize the impacts of such historic levels of spending and our inflation crisis, many Democrats have continued to push for trillions more in spending to meet a political deadline. As difficult as it is for some to hear, political calls to action that ignore the severity of the crises we face and will continue to face are a recipe for national disaster.
“We must be honest about the economic reality America now faces if we want to avoid fanning the flames of inflation. At its core, the purpose of reconciliation is to get our economic and financial house in order. Contrary to foolish talk otherwise, America cannot spend its way out of debt or out of inflation. With respect to my position, I have never and will never walk away from solving the problems facing the nation we all love. I strongly support the passage of commonsense policies that reduce inflation and focus on the major challenges confronting America today and in the future.”
Well, now that it has been rammed through the legislature, something that Manchin is primarily to blame for as he was the Democrat in the Senate that could have stopped it, Manchin is cooling on the bill.
First came the comment about his watching the IRS and ensuring that it and the EPA don’t “harass” Americans, something that wouldn’t be necessary if he just hadn’t signed off on it.
Now he’s complaining about the $4,000 federal electric vehicle credit within the Inflation Reduction Act, describing the credit as a “compromise” and saying: Read more