💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

U.S. Rep Jayapal asks Biden to continue focus on 'Build Back Better', urges executive action

Published 12/27/2021, 02:53 PM
Updated 12/27/2021, 02:56 PM
© Reuters. FILE PHOTO: U.S. Representative Pramila Jayapal (D-WA) speaks to reporters outside the House Floor of the United States Capitol in Washington, U.S., December 2, 2021. REUTERS/Evelyn Hockstein
GS
-

By Kanishka Singh

(Reuters) -U.S. Representative Pramila Jayapal, a leading liberal House Democrat, has asked President Joe Biden to continue focusing on his social spending legislation and urged him to use executive action despite Senator Joe Manchin's public rejection of the plan.

In an opinion piece in the Washington Post on Sunday, Jayapal, chair of the Congressional Progressive Caucus (CPC), wrote that the CPC will soon release a plan for some actions like lowering costs, protecting the health of families, and tackling climate action.

"The Progressive Caucus will continue to work toward legislation for Build Back Better, focused on keeping it as close to the agreed-upon framework as possible", she wrote in the newspaper https://wapo.st/32jgLRb.

Manchin, a conservative Democratic senator, rejected the president's "Build Back Better" plan last Sunday in a move that imperils the legislation.

Manchin's move prompted investment bank Goldman Sachs (NYSE:GS) to lower its forecasts for U.S. economic growth. Manchin's rejection of the bill threatened to scuttle hundreds of billions of dollars in funding for measures to fight climate change and meet the Biden administration's climate goals.

"Taking executive action will also make clear to those who hinder Build Back Better that the White House and Democrats will deliver for Americans", Jayapal wrote.

Manchin has expressed concerns about a number of proposals in Biden's signature domestic policy bill, including multiple climate proposals and extending monthly child tax credit payments.

"I think the stakes are too high for this to be, in any way, about any specific individual", Vice President Kamala Harris said in a CBS News interview aired on Sunday, when asked about Manchin. Harris said the White House was not giving up on the legislation.

© Reuters. FILE PHOTO: U.S. Representative Pramila Jayapal (D-WA) speaks to reporters outside the House Floor of the United States Capitol in Washington, U.S., December 2, 2021. REUTERS/Evelyn Hockstein

Manchin's support is crucial in the Senate chamber where the Democrats have the slimmest margin of control and Republicans are united in their opposition to the bill. Senate Majority Leader Chuck Schumer has said the chamber would vote on a package in early 2022.

The White House said on Wednesday that conversations with Manchin's office will continue. Biden said on Tuesday that he and Manchin were "going to get something done" on the legislation.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.