Politics isn’t like business.
This is Manchin’s Wall Street Journal manifesto (in parts):
Instead of rushing to spend trillions on new government programs and additional stimulus funding, Congress should hit a strategic pause on the budget-reconciliation legislation. A pause is warranted because it will provide more clarity on the trajectory of the pandemic, and it will allow us to determine whether inflation is transitory or not. While some have suggested this reconciliation legislation must be passed now, I believe that making budgetary decisions under artificial political deadlines never leads to good policy or sound decisions. I have always said if I can’t explain it, I can’t vote for it, and I can’t explain why my Democratic colleagues are rushing to spend $3.5 trillion.
Another reason to pause: We must allow for a complete reporting and analysis of the implications a multitrillion-dollar bill will have for this generation and the next. Such a strategic pause will allow every member of Congress to use the transparent committee process to debate: What should we fund, and what can we simply not afford?
I, for one, won’t support a $3.5 trillion bill, or anywhere near that level of additional spending, without greater clarity about why Congress chooses to ignore the serious effects inflation and debt have on existing government programs. This is even more important now as the Social Security and Medicare Trustees have sounded the alarm that these life-saving programs will be insolvent and benefits could start to be reduced as soon as 2026 for Medicare and 2033, a year earlier than previously projected, for Social Security.
Establishing an artificial $3.5 trillion spending number and then reverse-engineering the partisan social priorities that should be funded isn’t how you make good policy. Undoubtedly some will argue that bold social-policy action must be taken now. While I share the belief that we should help those who need it the most, we must also be honest about the present economic reality.
In 2017, my Republican friends used the privileged legislative procedure of budget reconciliation to rush through a partisan tax bill that added more than $1 trillion to the national debt and put investors ahead of workers. Then, Democrats rightfully criticized this budgetary tactic. Now, my Democratic friends want to use this same budgetary tactic to push through sweeping legislation to make “historic investments.” Respectfully, it was wrong when the Republicans did it, and it is wrong now. If we want to invest in America, a goal I support, then let’s take the time to get it right and determine what is absolutely necessary.
By placing a strategic pause on this budgetary proposal, by significantly reducing the size of any possible reconciliation bill to only what America can afford and needs to spend, we can and will build a better and stronger nation for all our families.
His public position essentially is NO filibuster reform and NO budget reconciliation (the only way to get around the filibuster). Frankly his position is essentially that of a Republican. He even calls out the Democrats for being “partisan” and totally ignores the Republican Overton window framing of every political conflict with their iron clad stonewalling.
He might well believe what he says about inflation - there are lots of serious people that don’t understand inflation on both sides, and inflation isn’t a problem until it is (and vice versa) - but if he does he’s basically signaling that he doesn’t believe in the current bill at all, and wants to shrink it to some small fraction of what it is now.
And he’s more likely to get his way than any other senator, because he’s Joe Manchin, quixotic Democrat from West Virginia. But this is negotiation in only the most threadbare sense, it’s the FPTP, winner-take-all American political system at its logical conclusion, where a lynchpin political figure has all the power and intends to use it. But if he actually believes that NO bill is better than any bill, and sinks the legislation, he might as well switch parties.