Republican Senate Minority LeaderMitch McConnell of Kentucky was taken for a ride by Sen. Joe Manchin of West Virginia.
"The radical Democrats intend to impose the biggest tax hike in American history, the exact opposite of what I did," Trump said at a "Save America" rally in suburban Milwaukee.
They are working feverishly to make sure there are more regulations than ever before. You're going to have a lot of rules.
The Inflation Reduction Act of 2022, which was crafted by Senate Majority Leader Chuck Schumer of New York and Manchin, was a prime topic of discussion for the former president.
According to Trump, McConnell was taken for a ride by Manchin, who came to an agreement with Schumer after weeks of negotiations.
The former president said that Joe Manchin had sold out West Virginia.
He said that what he's done to that state is disgusting. I told the broken crow that this was going to happen. I told him that it was going to happen to him. It's going to happen to you, right?
For over a year, the more moderate Manchin has served as a Democratic bulwark against some of President Joe Biden's most ambitious domestic plans, notably after he torpedoed the Build Back Better Act.
The new tax and climate bill would allow a three-year extension of subsidies for individuals to buy health insurance through theAffordable Care Act, as well as providing nearly $370 billion for climate and energy programs and $300 billion to reduce the federal budget deficit. $739 billion in revenue would be generated by the bill over the next ten years.
Republicans were surprised by the legislative breakthrough between Schumer and Manchin.
Several GOP senators were incensed that the news about the reconciliation deal came after the Senate passed the chips funding bill.
Manchin said at the press event that there was no malice intended.
He said that they should be looking for what is good for the country. I'm hoping my Republican friends will look at the bill.
Most Senate Democrats were in agreement with the proposal last week, but Sen. Sinema remained a key holdout as she had previously expressed opposition to narrowing the carried-interest loophole favored by hedge fund managers and private equity investors
Sinema requested that the carried interest provision be removed from the bill in order to get her vote. On Friday, the moderate lawmaker agreed to support the bill, pending further review from the Senate parliamentarian that it complies with the upper chamber's rules.
The budget reconciliation process requires a simple majority and isn't subject to the 60 votes needed to break a filibuster.
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