GOP senator accuses Biden of breaking campaign pledge for backing Manchin-Schumer deal

Contributing sentiments towards policy:

52% : In response to the surprise deal, Senate Finance Committee Ranking Member Mike Crapo (R-ID) requested an analysis of the bill from the nonpartisan Joint Committee on Taxation.
50% : It is wrong that some of America's largest companies pay nothing in taxes while freely enjoying the benefits of our nation's military security, infrastructure and rule of law.
48% : "While Republicans' pro-growth tax reform in 2017 reduced tax rates for all Americans in a way that increased the progressivity of the tax code and produced historic gains in job and wage growth, the Democrats' approach to tax reform means increasing taxes on low- and middle-income Americans to fund their partisan Green New Deal," the top Senate Finance Committee Republican said.
46% : The JCT analysis found taxes will increase by $16.7 billion on Americans earning less than $200,000 annually, as well as $14.1 billion from those making $200,000 to $500,000 per year.
42% : The Inflation Reduction Act is a scaled-back alternative to Build Back Better, a sweeping social spending and green energy bill that Manchin killed last year when he objected to its price tag and raised his concerns over inflation, was announced just hours after the Senate passed the bipartisan CHIPS Act on Wednesday, which Senate Minority Leader Mitch McConnell (R-KY) had previously threatened to tank if Democrats pursued a reconciliation bill.
41% : The committee found that the legislation would increase taxes on Americans across every income bracket, "with more than half of the tax increases on Americans making less than $400,000 per year," according to Crapo.
37% : "The mislabeled 'Inflation Reduction Act' will do nothing to bring the economy out of stagnation and recession, but it will raise billions of dollars in taxes on Americans making less than $400,000."
34% : Throughout his 2020 campaign and his presidency, Biden has promised to not raise taxes on households with an annual income below $400,000.
16% :More than half of all new tax revenue raised next year, according to the analysis, would come from those earning less than $400,000, which Crapo noted was a violation of President Joe Biden's campaign pledge to not raise taxes on individuals making under that exact number.

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