2021-10-01

Democrat on federal monetary system


"I read Joe Manchin's statement, I've listened to him. He has no understanding of how the federal government monetary system works when he compared it yesterday to his household income. That has no relevance to what we can do," Yarmuth, who represents Kentucky, told CNN Thursday evening.

"It's not a question of what we can afford. The federal government can afford anything that it feels it needs to do, and right now that's what we ought to be focused on," the Democratic lawmaker said

On Wednesday, Manchin released a statement asserting that he would not support $3.5 trillion in new federal spending. "I can't support $3.5 trillion more in spending when we have already spent $5.4 trillion since last March. At some point, all of us, regardless of party, must ask the simple question: How much is enough?" he said.



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