Following news that Senate Majority Leader Chuck Schumer (D-N.Y.) and moderate Democrat Senator Joe Manchin (W.Va.) reached a climate, health, and tax deal, Senate Minority Leader Mitch McConnell (R-KY.) slammed the deal as leading to the death of “many thousands of American jobs.”
On Wednesday (July 27), in response to the deal, McConnell took to Twitter, criticizing Democrats for crushing “American families with historic inflation. Now they want to pile on giant tax hikes that will hammer workers and kill many thousands of American jobs.”
The Kentucky Senator added, “First they kill your family’s budget. Now they want to kill your job too.”
His condemnation of the deal is centered around a 15 percent minimum corporate tax that would raise $451 billion in tax revenue.
McConnell’s not the only Republican to cry foul.
Republican Senator Lindsey Graham (South Carolina), the ranking member of the Budget Committee, attacked Manchin, and the deal, saying it made “no sense.”
Criticizing the moderate Democrat, who has long been against the climate change deal because of its effect on inflation, Graham said: “I can’t believe that Sen. Manchin is agreeing to a massive tax increase in the name of climate change when our economy is in a recession.”
Others — namely Senator John Cornyn’s (R-Texas) office — called out Manchin for flip-flopping.
“Senate Democrats can change the name of Build Back Broke as many times as they want, it won’t be any less devastating to American families and small businesses,” Cornyn said.
The deal, which was initially called Build Back Better and would cost over $3 trillion, has been slimmed down to just over $700 billion and is known as the Inflation Reduction Act of 2022.