Dem Debate Compared to 'Clown Car' as Biden's $1.75T 'Dishonest' Deal Leaves Progressives 'Bamboozled'
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- President Biden's personal plea
to House Democrats topass a signature piece
of his stalled domesticagenda has, for now, fallen
on deaf ears.
Over night, the presidenttouching down in Rome
where he'll meet with the Pope
and kick off a five-day foreign trip
but without the political featherin his hat he'd hoped for.
- Too many no votes for the bill to pass.
- [Jennifer] The House failing Thursday
to even vote on the infrastructure bill
already approved by the Senate,
despite the White Housereleasing a framework
on the president's big social spending
and climate change bill
as progressives have demandedbefore passing infrastructure.
The commander in chiefgoing to Capitol Hill,
appealing to Democrats in person.
And according to Bloomberg,
telling House democrats theirfuture hangs in the balance,
saying "I don't think it's hyperbole
to say that the Houseand Senate majorities
and my presidency will be determined
by what happens in the next week."
Speaker Pelosi delivering her own message.
- Do not embarrass the president
by when I put this on the House floor,
to not vote for it.
Basically, it's gotta pass.
We don't want to embarrass the president
when he's overseas.
That's kind of what it's come down to.
It's a clown car kind of allover the place right now.
- [Jennifer] Following demandsfrom Senators Joe Manchin
and Kyrsten Sinema,
the president's spendingplan basically cut in half
from 3.5 trillion to 1.75 over 10 years.
- This framework includeshistoric investments
in our nation and in our people.
- [Jennifer] It includes half a trillion
to fight climate change,
universal pre-K, extends thechild tax credit for a year,
and Democrats say willreduce healthcare premiums.
But dropped from the final outline,
major programs like free community college
and paid family leave,
leaving progressives shell shocked.
- We've put paid leave in,it's in, it's in, it's in,
and then all of a suddenat the last minute,
somebody said it's out.
- It has some major gaps in it.
- I felt a little bamboozled
because this was not whatI thought was coming today.
- Democrats are still working out
how to pay for the new spending,
looking at proposed newtaxes on businesses,
including a 15% minimum
for many large corporations
and on profits earnedby US companies abroad.
Americans making morethan 10 million annually
will be hit,
and IRS tax enforcement will be increased.
But critics doubt thosenew taxes will be enough.
Brian Riedl with theManhattan Institute tweeting,
"Calling today's framework paid for
is so dishonest,"
estimating two trillion in hidden costs.
The big question,
will the new government programscost more than advertised?
And will tax hikes bring in as much money
as Washington needs?
If not, federal deficitscould rise even higher
than expected in the coming years.
Jennifer Wishon, CBN News.