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With Congressional Democrats backed into a corner over their $3.5 trillion economic stimulus due to infighting within their own ranks , senior party leaders said on Sunday that they will likely need to scale it back in order to reach party consensus. Sen. Joe Manchin (D-WV) refuses to support Democrats’ $3.5T economic stimulus On Sunday, House Budget Committee Chairman John Yarmuth (D-KY) told “Fox News Sunday” that the bill’s top line number “will be somewhat less than $3.5 trillion,” adding that Biden’s economic agenda will likely drag into October. On Fox, Budget Cmte chair Yarmuth says social spending bill “will be somewhat less than $3.5 trillion remember that’s over 10 years..we’re probably going to slip past the September 27 date sometime into into early October would be my best guess. — Chad Pergram (@ChadPergram) September 19, 2021 Yarmuth’s warnings were echoed by Rep. James Clyburn, the third-ranking House Democrat, who told CNN ‘s “State of the Union”:
“So it may be $3.5 (trillion), it may be really close to that or maybe closer to something else. So I think that we ought to really focus on the American people to think about what takes to get us in a good place and then let the numbers take care of themselves.” We are working hard to finish the Build Back Better act and have a successful vote on the Bipartisan Infrastructure bill by September 27. pic.twitter.com/wWTAl6taGp — James E. Clyburn (@WhipClyburn) September 19, 2021 Clyburn also suggested that a House vote on the $550B infrastructure bill could also be delayed . Clyburn says the obvious to @jaketapper : infrastructure vote could be delayed. pic.twitter.com/jTgP2VjVOU — Jake Sherman (@JakeSherman) September 19, 2021 As Reuters notes, Democrats are also scrambling to raise the $28 trillion federal debt ceiling – which Clyburn suggested Democrats may be forced to ‘go it alone’ in order to accomplish (via reconciliation), as Senate GOP leader Mitch McConnell (KY) has said his party won’t support the increase – even though the US Treasury has warned that it will exhaust its cash and borrowing capacity in October.
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We Often Feel Like David Taking on Giants
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