The US President was optimistic for an agreement to the Congress on his social and infrastructure reforms, supported by the American opinion.
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Fitting abstract calculations, talking about the daily worries of the Americans, registering its projects in the long term: Joe Biden had all these concerns in mind, Thursday, October 21, returning to the tradition of Town Hall, these public meetings very popular with United States. The discussion, disseminated on the CNN chain, allowed the President to defend his two major legislation, currently traded at Trebuchet between Democrats at the Congress: the one on infrastructure ($ 1,200 billion, or 1,030 billion euros over ten years And especially the social package of the “Build Back Better” (BBB, “rebuilding better”), which provides for a refoundation of the welfare state. “We can do it,” said the American president, empathic and accurate in his answers.
Parental leave, dental and ophthalmic care, home help: Joe Biden has entered the details of ongoing discussions, assuming renunciations and reductions, confirming the points of tension with the two so-called centrist democrats, which hinder At the adoption of BBB: Joe Manchin (West Virginia) and Kyrsten Sinema (Arizona). After being content for weeks of orchestrate behind the scenes, Joe Biden placed on the front line for the final thrust. Wednesday night, the Democratic president had gone to his hometown of Scranton, Pennsylvania, where he spoke, at the Museum of Rail Transport. This is already the assessment of his presidency, nothing less, who is played in this fateful period. The mid-term elections, in the fall of 2022, will freeze political life, before, already, the rocking go to the presidential ballot.
The Progressive Democratic Camp had hoped that the overall amount of the BBB plan could reach $ 6 trillion. In the summer, the White House had reduced this hope to $ 3,500 billion, promising funding by tax justice measures. But already, senators Joe Manchin and Kyrsten Sinema slowed everything. Too much, too wide, too extended over time. It is now a comprehensive envelope between $ 1,600 and $ 2,000 billion, the fury of the party’s left, which camped on maximalistic positions that do not take into account a reality: the fragility of the majority In the Senate (50/50), based on the voice of the Vice-Chair, Kamala Harris.
The fear of inflation
Joe Manchin opposes the extension of medical coverage (Medicare). Kyrsten Sinema – “Deliciously malignant” according to Joe Biden – continues to reject higher tax rates for high-income individuals and large groups. This poses a budget and political problem at the White House, which promised that its plan would not cost anything, excluding any taxes for people earning less than $ 400,000 a year. The Democrats in the House of Representatives advanced an increase in corporation tax by 21% to 26.5% – that Kyrsten Sinema refuses – and the maximum income tax rate from 37% to 39.6 %.
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