June 28, 2021: Manchin vs. Sanders — Let the staring contest begin
The Playbook Podcast
POLITICO
3.9 • 699 Ratings
🗓️ 28 June 2021
⏱️ 6 minutes
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| 0:00.0 | Presented by Facebook. |
| 0:02.0 | Hey, good morning, Playbookers. It's Monday, June 28th. I'm Rogamuna Vallin, and this is your Politico Playbook Daily Briefing. |
| 0:15.5 | All right, if you're wondering what the latest is on the Infrastructure Plus Reconciliation Bills. Here's what we know. |
| 0:21.4 | The GOP rebellion over President Joe Biden's vetoed threat of the bipartisan bill seems to have |
| 0:26.9 | been quieted. In case you missed it over the weekend, the White House released a fairly long |
| 0:32.3 | statement to sue the Republicans who supported the infrastructure bill but had second thoughts after Biden seemingly |
| 0:38.8 | threatened to veto it if a second larger spending bill did not accompany it through reconciliation. |
| 0:44.8 | Biden said he supported the deal, quote, without reservation. |
| 0:48.7 | On Sunday, three of the five Republicans who negotiated that bipartisan infrastructure plan, |
| 0:53.9 | Mitt Romney, Bill Cassidy, and Rob Portman, |
| 0:56.2 | made it clear that the president's walk back was good enough for them. All right, so that means |
| 1:01.5 | we've crossed the finish line, yeah? Well, no, not quite. Here are the next big lane minds to watch |
| 1:07.7 | for when it comes to GOP support. First thing to look for is how the CBO scores it. |
| 1:13.6 | If the Congressional Budget Office comes back and says that the bill isn't actually |
| 1:17.5 | completely paid for, there are then three options. |
| 1:21.0 | They could deficit finance the gap, they could go back to the drawing board and find additional |
| 1:25.2 | pay-for's, or they could reduce the overall price |
| 1:28.4 | tag of the package. All three of those options will probably create uncertainty when it comes |
| 1:33.9 | to the bill's passage. The second landmine is IRS enforcement. If conservatives want to launch |
| 1:40.3 | a crusade against the bill, the IRS is an easy target. The bill calls for spending |
| 1:45.9 | $40 billion on increased enforcement. That's the sort of thing Republicans have always long opposed. |
| 1:53.0 | The final lay in mind, you can probably guess, is that reconciliation bill. Despite Biden's |
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