'Recipe for Economic Crisis': Manchin Warns Dems Not Being Honest About Cost of Massive Social Spending Bill
Read Transcript
- [Mark] President Biden issued a warning
at the Climate Summit in Scotland
that climate change is ravaging the world
and destroying people's lives.
- There's no more time to hang back
or sit on a fence, orargue amongst ourselves.
This is a challenge ofour collective lifetimes.
So let this be the momentthat we answer history's call
here, in Glasgow.
- [Mark] Also at the Summit,the president brought
up his domestic agendawhich Democrats are trying
to push through congress.
It allocates a record $555billion to fight climate change.
- The most significant investment to deal
with the climate crisis that any
advanced nation has made, ever.
- [Mark] But just three hours later,
moderate Senator JoeManchin said not so fast,
speaking out against theplans for the president's
massive climate changeand social spending bill,
saying it's not really paid for.
- What I see are shellgames, budget gimmes
that make the real cost
of the so-called $1.75 trillion bill,
estimated to be almost twice that amount.
This is a recipe for economic crisis.
- [Mark] House Progressivesoriginally said
unless Manchin approvesthe bill's framework,
they will not vote for the separate
bipartisan infrastructure bill.
Now the CongressionalProgressive Caucus Chair,
Representative PramilaJayapal telling MSBNC that
members will vote for the $1.2trillion infrastructure bill
despite Manchin's stance.
Manchin had made his position clear,
that bill must be passed.
- Holding that bill hostageis not going to work
to get my support of what you want.
It's time to pass the billand quit playing games.
- [Mark] The White Houseissued a statement saying
they're still confident theycan get Manchin's support,
but they did not mentionhis tough pushback
that happened here, while thepresident was in Scotland.
The critics say a Democratic agreement
may be still a ways away.
Mark Martin, CBN News.