Corporate donations flowed into Joe Manchin’s PAC before the final “No” on BBB

New federal revelations reveal that major corporations poured donations into Senator Joe Manchin’s political action committee in the weeks leading up to his key announcement on Sunday that he would oppose Taoism. Better rebuilding law, a progressive stance argumentative motivated by respect for the special interests of senators.

CNBC report Late Tuesday, Federal Election Commission records show that Manchin’s Country Roads PAC sponsors collected 17 donations from the corporations in October and 19 in November when he turned around. again and continuously threatened to boost the BBB package, President Biden’s $1.75 trillion social spending, and climate legislation.

Manchin’s sponsors during that period, according to CNBC, included corporate giants such as Goldman Sachs, American Express, UnitedHealth Group, Blue Cross Blue Shield and Lockheed Martin, many of whom were involved in ventures. huge business. lobbying blitz against the bill, which includes key benefits in reducing child poverty and making substantial investments in clean energy.

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“Country Roads raised more than $150,000 in October from corporate sponsors like Verizon, Union Pacific, Wells Fargo, and PACs tied to the mining and coal industries,” CNBC said. noted.

As the founder of West Virginia-based coal company Enersystems, Manchin is familiar with the fossil fuel industry, at least $400,000 for the West Virginia Democrat from July to October as he works to pull out of the Better Back Building Act important climate terms. washington articles report Last week, Manchin’s stake in Enersystems – now run by the senator’s son – was “worth between $1 million and $5 million.”

In a blog post earlier this week, former Labor Secretary Robert Reich noted that last year Manchin “was half a million dollars in Enersystems dividends (about three times Salary $174,000 he achieved last year as a senator). “

Reich cites such income – as well as the fact that Manchin “collects more campaign money from coal, oil and gas companies than any other senator” – as possible explanations. behind the West Virginia Democrat’s decision to block his party’s flagship bill, which he announced in an appearance on the right-wing network Fox News.

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Democratic leaders still work to save The Building Act comes back Better, but it’s unclear how much they’ll have to reduce severely weakened legislation to win Manchin’s favor. The death of the BBB pack will likely spur millions children’s return to poverty, potentially blowing a 60 billion dollars holes in the U.S. economy, and thwart what advocates see as a once-in-a-generation opportunity to pass meaningful climate legislation.

“This is how things work when democracy has been weakened,” said the Democracy Initiative – a coalition of dozens of civil rights, environmental and labor groups – speak Wednesday. “The powerful get special access to our government, while we’re told, ‘Sorry, we can’t help you.'”

More on Joe Manchin, Joe Biden and the fight to Build a Better Back: Corporate donations flowed into Joe Manchin’s PAC before the final “No” on BBB

Huynh Nguyen

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