Manchin Looks to Strike Deal With McCarthy on Wasteful Government Spending
Sen. Joe ManchinD-W.Va., stated that he is currently arranging a meeting with Kevin McCarthy (Calif.) to curb federal wasteful spending and focus on possible permitting rules to open West Virginia’s Mountain Valley Pipeline.
“I think what we have to do is realize that we have a debt problem,” He said, “Sunday Morning Futures” Anchor Maria Bartiromo at Davos 2023 summit.
“All we’re saying is, should we not make sure we all recognize how we got there? How we prevent from going further?”
Bartiromo said that Republican lawmakers’ desire to revert 2022 spending levels could signal an $85 billion cut in defense funding. However, Manchin remains. “committed” to ensure that Ukraine had all the necessary tools to win its war against Russia.
DAVOS HIGHLIGHTS: INTEL CEO, LARRY SUMMERS, DAN YERGIN AND SEN. MANCHIN
He also stated that both sides should discourage the idea of cutting defense.
“We need it more than ever right now with the geopolitical unstableness of the world,” He acknowledged the fact that “challenges” The U.S. is facing a rising threat from Chinese aggression.
“The United States is the only identifiable superpower in the world, basically, because we are the only defender of freedom and democracies…” He said.
SEN. JOE MANCHIN ON DEBT CEILING DEBACLE: ‘WE HAVE NOT BEEN FISCALLY RESPONSIBLE’
Sunday’s Manchin spoke to Bartiromo that he believed the Biden White House would come to the table to look for ways to reduce spending in the midst of the crisis. debt ceiling debacle that rocked Washington, D.C. Last week, speculations about a government shutdown swirled across the country.
“Everybody knows we cannot default on our debt… Let’s talk about the states. I was the governor of West Virginia. We have balanced budget amendments. At the end of the year, it had to be balanced. Every week, we would sit down with our finances and find out what adjustments we had to make, and we would make small adjustments during the course of the year.”
Although the role of the federal government is more complex than that of the individual states, the Democratic senator stated that Washington can still be effective. “fiscally responsible.”
MANCHIN APOLOGETIC FOR SLAMMING ‘OPEN PRESS SYSTEM’ AT DAVOS PANEL
The segment saw the Chairman of Senate Energy and Natural Resources Committee shift to energy production, which was criticized Biden’s push for Iranian oil.
“I went absolutely crazy when I saw that the administration was looking at Iran to produce more oil, lifting their sanctions,” He said that, criticizing the nation for being the “most prolific terrorist supporter in the world.”
He continued to criticize the administration’s additional push for Venezuelan oil Despite not seeking increased production from domestic sources.
“We have the ability to be energy independent…. [the Inflation Reduction Act] was designed for energy security, for the superpower of the world not to depend on foreign supply chains, for us to run our country and to help our allies around the world as they need it. That’s what it’s based around, but it was sold as an environmental bill.
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