Schumer drops some hints in a new letter about what's next for "reconciliation." Biden, in his #SOTU, called it "my plan." Senate Democrats sound bullish on the ~$555B clean energy policies, which were negotiated with Manchin's input, as the foundation. nbcnews.com/politics/congr…
Sen. @ChrisMurphyCT: "If we’re talking about raising taxes on very wealthy people and corporations to save the planet, why wouldn’t we be in that conversation?" nbcnews.com/politics/congr…
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NEW: "I'll be the majority leader." Mitch McConnell knifes Rick Scott's agenda for a GOP Senate
"We would not have as part of our agenda a bill that raises taxes on half the American people and sunsets Social Security and Medicare within five years."
BLUNT: "I think Republican senators hope that Rick Scott would stay focused right now on the job of being the chairman of the Senate election committee."
THUNE on Scott's income tax idea: "I don't know of any that would include that" in their 2022 agenda. nbcnews.com/politics/congr…
Scott vs. McConnell is a clash over two different strategies for 2022. Scott is offering a policy agenda to contrast how the GOP would govern differently than Democrats. McConnell doesn't want a "contrast"—he wants the election to be a referendum on Biden. nbcnews.com/politics/congr…
BIDEN: "Putin is the aggressor. Putin chose this war. And now he and his country will bear the consequences."
He announces "additional strong sanctions" with allies, including new limits on what can be exported to Russia; the goal is to "maximize the long-term impact on Russia."
President Biden says new sanctions by the US and allies will "limit Russia's ability to do business in dollars, euros, pounds and yen."
Biden says the new sanctions will target additional Russian banks as well as "Russian elites and family members" and state-owned enterprises.
BIDEN: "This is the beginning of a Russian invasion of Ukraine.”
He says he will impose sanctions that’ll increase if Putin goes further.
Biden announces "first tranche" of new US sanctions on Russia: full blocking sanctions on VEB and military bank; "comprehensive sanction on Russian sovereign debt"; cut them off from western financing. Starting tomorrow, sanctions on "Russian elites and their family members."
Biden says new sanctions have been coordinated with allies. "We'll continue to escalate sanctions if Russia escalates."
US will defend "every inch of NATO territory."
"Let me be clear. These are totally defensive moves on our part. We have no intention of fighting Russia."
Parkland survivor @davidhogg111 to Democrats: "if you say you support gun violence prevention legislation, you get elected on that and you do nothing about it, I don’t see you as any better than the NRA... people are dying because of your inaction." nbcnews.com/politics/biden…
.@Sen_JoeManchin, on WVMetroNews radio, again sounds the alarm on rising inflation, calling it a 7.5% tax hike on Americans; he tells the Fed to stop “pussyfooting around” and take some actions to bring it down.
.@Sen_JoeManchin says he’s still willing to use reconciliation to raise taxes on corporations and the wealthy, let Medicare negotiate drug prices, lift the Social Security payroll tax cap; says he’s fine with some spending, like climate. His priority: must bring down the debt.
As for which specific taxes he’s willing to raise, Manchin repeats much of what he said here: 25% corporate rate, close carried interest, 28% capital gains. More: nbcnews.com/politics/congr…