Dems in Congress passed Build Back Better 2.0!

[Hardkill]

In a shocking turn of events, Democrats in Congress actually successfully passed a new version of social spending Build Back Better bill with climate provisions and much more!

Believe it or not, it all started out with Manchin and Schumer having tricked both the Republicans and all of the media!

Manchin came to an agreement with Schumer in secret on this new new bill they worked called the Inflation Reduction Act. A couple of weeks ago, Manchin pretended that he could no longer support any climate provisions or tax provisions at all after the June inflation report came out last month. Then, about a couple weeks later, he surprisingly reversed his position on the matter. It turns out that he only pretended to not support any of those climate or tax provisions in the bill in order to manipulate McConnell and the Republicans in the Senate into voting for the Chips Act bill. The Senate Republicans, especially McConnell, said that they will block the Chips Act bill if the Democrats pushed any version of BBB. 

https://www.youtube.com/watch?v=uggkiXAPzIA

Republicans of course got pissed about this (too bad for them). Afterwards, Sinema also came to an agreement with this new bill. The Senate parliamentarian then approved almost all of the provisions in the bill, except for the one that would've imposed imposed hefty penalties on drugmakers that boost their prices beyond inflation. 

Senate Democrats then finally passed their version of the Inflation Reduction bill last Sunday.

Today, every Democrat in the House finally passed their version of the bill!

https://www.cnbc.com/2022/08/12/house-to-vote-on-inflation-reduction-act-tax-and-climate-bill.html

 

It obviously didn't turn out to be anywhere near as large as the original build back better was, but this is considerable to be undoubtedly an historic accomplishment for all Democrats in a number of ways. What do you guys think about this now?

Edited August 13, 2022 by Hardkill

[DocWatts]

While what they were able to pass is far less than what we were hoping for with the far more ambitious $2T Build Back Better plan, all due credit for still being able to get a sizable Climate Change bill passed considering the obstacles that Democrats are facing in getting any major legislation passed with a razor thin majority that includes two conservative Senators with ties to the fossil fuel industry.

[Hardkill]

On 8/13/2022 at 1:15 PM, DocWatts said:

While what they were able to pass is far less than what we were hoping for with the far more ambitious $2T Build Back Better plan, all due credit for still being able to get a sizable Climate Change bill passed considering the obstacles that Democrats are facing in getting any major legislation passed with a razor thin majority that includes two conservative Senators with ties to the fossil fuel industry.

Yeah, I agree. FDR and LBJ were able to get an immense amount of liberal legislation passed during their times as president because they had a supermajority of democrats in both chambers of congress for 6 to 8 years, respectively. The 74th Congress, which was from 1935-1937, was the period that FDR was able to get the most amount of liberal legislation passed during his presidency, largely because that was most liberal Congress he had during his entire presidency. The 89th Congress, which was from 1965-1967, was the period that LBJ was able to get the most amount of liberal legislation passed during his presidency, largely because that was most liberal Congress he had during his entire presidency.

 

[Hardkill]

Biden finally signed the bill into law:

https://www.nytimes.com/2022/08/16/business/biden-climate-tax-inflation-reduction.html

I am curious to see what Leo and others in the forum think or feel about this.