
Rick Scott targets Joe Manchin over 'reckless spending' bill, says Biden sent 'America into a recession'
Fox News
Sen. Rick Scott, R-Fla., is targeting the Democratic Party over its “reckless spending,” accusing President Biden of sending "America into a recession."
Kyle Morris covers politics for Fox News. On Twitter: @RealKyleMorris.
According to Schumer's and Manchin's offices, the bill will raise $739 billion in revenue through IRS tax enforcement, the corporate minimum tax and closing the carried interest loophole. It will spend $433 billion total, they said, on energy and climate change provisions and on the ACA extension.
In addition, Scott's remarks came on the same day the Commerce Department said gross domestic product shrank by 0.9% on an annualized basis in the three-month period from April through June, for the second consecutive quarter, signaling that the economy has entered into a recession.