By | July 15, 2022

 

 

 

 

Biden promises’strong executive action

 

 WASHINGTON — the president Joe Biden vowed Friday to take “strong

 

executive action” to tackle climate change after Senator. Joe Manchin, D-W.Va., doomed the president’s attempts to revive key parts of his legislative agenda for the United States.

Declaring that he “won’t back down,” the president stated he would make use of executive power after Manchin has refused to support a plan to combat climate change as well as to increase taxes on the wealthy during negotiations on a spending deal together with Senate Minority Chairman Chuck Schumer, D-N.Y.

What Biden is declaring:

    • “Action on climate change and clean energy remains more urgent than ever,” Biden stated in a statement while on a trip throughout his travels in the Middle East. “So let me be clear: if the Senate will not move to tackle the climate crisis and strengthen our domestic clean energy industry, I will take strong executive action to meet this moment.”
    • Biden did not provide details of the executive actions he might take, however, he did say that it will seek to create new jobs, increase U.S. energy security, strengthen supply chain and manufacturing and tackle climate change.Whether any executive action is taken by Biden
    • chains and tackle chains, and address. Whether any executive actions by Biden on climate change have the same force as the legislation is yet to be determined. .
  • Biden has also urged the Senate to approve legislation prior to the recess in August that aims at cutting down on the cost of prescription drugs and to extend subsidies to insurance under the Affordable Care Act – the two areas in which Manchin as well as other Democrats have come to an the same agreement.

More: Sen. Joe Manchin cools on spending negotiations, citing concerns of an inflation fire

How did we get here:

  • Manchin Manchin, moderate Democrat said to Schumer at an interview on Thursday “he will not support” legislation for reconciliation that includes provisions that address climate change and energy or tax increases on the richest Americans and companies According to the Democrat who was briefed about the discussion.
  • Manchin spoke to Schumer “unequivocally,” according to the source, that he’s only inclined to support changes regarding prescription drug prices and ACA law-making measures.
  • Manchin On The Hoppy Kercheval talk show on radio in West Virginia on Friday He denied the notion that he’s blowing up the talks. Manchin said he’d rather hold off until August the time that July’s inflation figures are out, before deciding what legislation is acceptable without further raising the cost of living for consumers.
  • “I said, ‘Chuck can we just wait until the inflation figures come out in July?'” Manchin stated. “He took that as ‘no’, I guess.” Senator John McCain added: “As far
  • “As far as I’m concerned, I want climate. I want an energy policy.”

What does this mean for negotiations?

        • Schumer hopes to introduce legislation prior to the time that the Senate goes on the summer recess in August, which Manchin’s timetable wouldn’t permit. The stalemate follows concessions made by Schumer to the climate plan to end the tax credit for electric vehicles as well as direct payments to clean energy developers that are opposed by Manchin as well as lowering the cost of energy-related components to $375 billion, a source claimed.
  • The final deal offered by Schumer would have kept tax credits for green energy, a plan that Democrats have calculated would cut carbon emissions by almost 40% by 2030.

 

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