Goodbye, Joe Manchin. Your Senate Career Is Over
By: Samuel Mangold-Lenett
August 02, 2022
The West Virginia moderate declared his support for legislation that’s a slap in the face to his constituents who put him in office.
Joe Manchin, the Democratic U.S. senator from West Virginia, may finally see the writing on the wall and realize his time in politics is coming to an end. Manchin, who held onto his Senate seat by just over 3 percent during his most recent reelection bid, is likely to squander any of the goodwill he has generated among his constituents with his recently declared support for the latest reconciliation bill in the Senate.
After presenting himself as a foil to many of the Biden administration’s leftist legislative goals, Manchin has come to an agreement with Senate Majority Leader Chuck Schumer about dedicating “hundreds of billions” of federal funds to “deficit reduction,” raising taxes on American industry, and emboldening green energy initiatives.
Manchin has insisted that passing the reconciliation bill will bring manufacturing jobs back to the United States, but the National Association of Manufacturers (NAM) disagrees. According to NAM, the bill intends to raise $313 billion, nearly half of which will be generated by imposing a 15 percent minimum corporate levy on domestic manufacturers.
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https://thefederalist.com/2022/08/02/goodbye-joe-manchin-your-senate-career-is-over/This new tax is expected to reduce real GDP by $68.45 billion, eliminate more than 200,000 jobs, and decrease the income of laborers by $17.11 billion.
