Mitch McConnell just stabbed every conservative in the back with this secret deal with Democrats
Mitch McConnell sold out the Trump base once again.
Conservatives were fuming.
And that’s because Mitch McConnell just stabbed every conservative in the back with this secret deal with Democrats.
Senate Majority Leader Chuck Schumer (D-NY) and Senator Joe Manchin (D-WV) spent weeks trying to put together a package of trillions in tax hikes and Green New Deal spending.
Senate Minority Leader Mitch McConnell (R-KY) said Republicans would not allow a vote on a bill that would spend $52 billion on corporate welfare for the semiconductor industry as long as Democrats tried to pass the tax and spending deal.
The semiconductor legislation was the centerpiece of Senator Schumer’s agenda, and for once Republicans had leverage.
But Senator McConnell appeared to bless a backroom deal between Senators Manchin and Schumer to allow the Democrats to pass President Biden’s entire socialist agenda.
McConnell provided the Republican votes for the semiconductor bill, and hours later Manchin and Schumer announced a deal for hundreds of billions in job-killing tax increases and hundreds of millions more in Green New Deal spending.
“Today, we are pleased to announce an agreement to add the Inflation Reduction Act of 2022 to the FY2022 Budget Reconciliation bill,” Senators Schumer and Manchin said in a joint statement on the agreement. “After many months of negotiations, we have finalized legislative text that will invest approximately $300 billion in Deficit Reduction and $369.75 billion in Energy Security and Climate Change programs over the next ten years. The investments will be fully paid for by closing tax loopholes on wealthy individuals and corporations.”
“In addition, the expanded Affordable Care Act program will be extended for three years, through 2025,” the statement continued. “The revised legislative text will be submitted to the Parliamentarian for review this evening and the full Senate will consider it next week.”
“The Inflation Reduction Act of 2022 will make a historic down payment on deficit reduction to fight inflation, invest in domestic energy production and manufacturing, and reduce carbon emissions by roughly 40 percent by 2030,” the statement claimed. “The bill will finally allow Medicare to negotiate for prescription drugs and lower health care costs for millions of Americans. Additionally, we have reached agreement with President Biden and Speaker Pelosi to pass comprehensive permitting reform legislation before the end of this fiscal year. We urge every member of the U.S. Senate to support this important legislation.”
Mitch McConnell isn’t stupid.
McConnell knew Democrats would cut such a deal the second he provided the Republican votes for the semiconductor bailout bill.
And that makes Mitch McConnell complicit in these tax increases and the damage they will do.