Sen. Bernie Sanders (D-VI) spoke out against the “Inflation Reduction Act,” currently being considered in Congress on Wednesday — claiming it doesn’t go far enough to help working-class families, further feeding divisions in the Democratic Party as the midterms approach.
“The so-called inflation reduction may be coming to the floor in the coming days and there are some people who think this bill is worth supporting,” Sanders began. “But whatever your views on this bill may be, let us be clear, as currently written this bill is an extremely modest piece of legislation that does virtually nothing to address the enormous crises that working families all across this country are facing today.”
“This reconciliation bill falls far short of what the American people want, what they need, and what they are begging us to do,” The Vermont senator continued. “Given that this is the last reconciliation bill that we will be considering this year.”
At one point, he even reportedly read a letter from the Center for Biological Diversity which called the bill “a climate suicide pact.”
Sanders argued the reconciliation bill — which would bypass Republican attempts to filibuster — is Democrats’ last chance to enact meaningful policy reform before a likely GOP red wave knocks them out of power, come November.
“It is the only opportunity that we have to do something significant for the American people that requires only 50 votes and that cannot be filibustered,” Sanders explained. “In other words, this is the opportunity because on anything significant we are not going to get 60 votes. So this in my view is a moment that should not be squandered.”
Sanders then railed against Congressional lobbyists, saying people need to, “take a hard look at the reality of what is going on in our country today…, especially among working people and lower-income people who do not have paid lobbyists here getting us to pass legislation to benefit them.”
Sanders, 80, also talked about his radical political wish list — including how the reconciliation bill lacks a “living wage,” healthcare for all, and student debt forgiveness.
While the Biden administration attempts to push the misleadingly titled legislation through Congress, the Schumer-Manchin bill has faced considerable opposition from the GOP, and now from the progressive side of the Democrat Party.
The bill will raise taxes on Americans making less than $200,000 a year by $16.7 billion and for those making between $200,000 and $500,000 a year, the bill will increase taxes by $14.1 billion, according to a finance report released by the non-partisan Joint Committee on Taxation (JCT).
This bill, headed for a vote in Congress within the coming days, will have a detrimental impact on American families and has the potential to badly damage the economy. Due to poor leadership and cowardice, Democrats are feeling the opposition from all sides — allowing Sanders, for once, to be on the right side of an argument.
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