When asked whether he supports or opposes President Joe Biden’s $2.25 trillion proposal, he told West Virginia Metro News host Hoppy Kercheval in a radio interview that he Said: “Because the bill already exists, it needs to be amended.”
Manchin expressed his opposition to raising the current 21% corporate tax rate to the 28% required in the bill. The tax rate was stipulated by the tax reform carried out by the Trump administration in 2017, which raised the tax rate to 28%, but Support for the 25% intermediate tax rate, which he called “fair”.
The West Virginia senator said he would use his “leverage”
“If I don’t vote for this goal, it will be nowhere to be found. So we will use some leverage here. It’s not just me, Hobby. There are six or seven Democrats who feel very strongly about it. “We must be competitive, and we will not brag about the wind. “He said without revealing who the other Democrats are.
Manchin has said for several weeks that he hopes that a bipartisan bill will be passed during negotiations on an infrastructure package including the Republican Party. The bill may get 60 votes to overthrow the opposition. He hopes to avoid using a party budgeting process called reconciliation, only approved by the Democratic Party.
Senate members’ rulings on whether Senate rules allow them to use the procedure to pass infrastructure bills, like the $1.9 trillion Covid relief bill they made earlier this year, may be introduced this week.
Manchin said in an interview: “We must also let our Republican friends work with us.” “They just can’t oppose everything that thinks this will be the political posture we will adopt in the 2022 election.”