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<ul class="summary-list"><li>Manchin rejected a threat from McConnell to sink a bipartisan bill to compete against China.</li><li>"I'm not walking away if anybody's gonna threaten me or hold me hostage, if I can help the country," Manchin said.</li></ul>Sen. <keyword id="11930702" type="UNKNOWN" weightage="60" keywordseo="joe-manchin" source="Orion">Joe Manchin</keyword> said on Monday that <a href="https://www.businessinsider.com/mcconnell-says-hell-kill-bipartisan-china-bill-to-block-democratic-agenda-2022-6">he's not dissuaded by threats</a> from the top Senate Republican leader to sink a bipartisan bill strengthening economic competitiveness against China."I'm not walking away if anybody's gonna threaten me or hold me hostage, if I can help the country," the conservative Democrat told reporters. "And if they want to play <keyword id="11893346" type="UNKNOWN" weightage="60" keywordseo="politics" source="Orion">politics</keyword> and play party politics, shame on 'em."Manchin added it was "so wrong" of Senate Majority Leader <keyword id="11977287" type="UNKNOWN" weightage="60" keywordseo="mitch-mcconnell" source="Orion">Mitch McConnell</keyword> of Kentucky to issue threats to sink the bipartisan <keyword id="14427373" type="UNKNOWN" weightage="60" keywordseo="usica" source="Orion">USICA</keyword> legislation, which would boost federal investment on emerging technologies like computer chips. The Kentucky Republican reiterated the ultimatum, tied to recent Democratic efforts to resurrect their economic agenda, only hours later."Party-line scheming is going to crowd that out," McConnell said on the Senate floor on Monday. "Our side cannot agree to frantically steamroll through bipartisan talks in order to meet an artificial timeline, so our Democrat colleagues can clear the decks to ram through a party-line tax hike." McConnell threatened to tank the China bill as <keyword id="11896865" type="UNKNOWN" weightage="60" keywordseo="democrats" source="Orion">Democrats</keyword> make progress <a href="https://www.businessinsider.com/why-democrats-cant-pass-bidens-agenda-2022-7">towards clinching a deal with Manchin</a> on a scaled-down climate and tax economic spending package. Democrats launched a <a href="https://twitter.com/JustinPGoodman/status/1542621364586254336?s=20&amp;t=6ow_zvbmZD6fXyaL2kIxjQ">barrage of attacks</a> against McConnell ever since, accusing him of siding with China. A spokesperson for Senate Majority Leader Chuck Schumer said last week that Democrats planned to convene an all-senators classified briefing for the bipartisan bill since it was "vital for America's long-term national security."<keyword id="11899267" type="UNKNOWN" weightage="60" keywordseo="republicans" source="Orion">Republicans</keyword> and Democratic negotiators had spent months negotiating on the bill to shore up the domestic semiconductor industry among other sectors in an effort to reduce US dependence on Chinese imports of strategically and economically important products, but made little headway on an agreement. Separately, Manchin continues negotiating with Schumer on a slimmer Democrat-only spending bill focused on prescription drug reforms, reducing the deficit, and a blend of climate and energy incentives.

Joe Manchin says McConnell's threat to sink a bipartisan bill challenging China's economic power won't make him 'walk away' from Biden's agenda

<ul class="summary-list"><li><keyword id="11977287" type="UNKNOWN" weightage="60" keywordseo="mitch-mcconnell" source="Orion">Mitch McConnell</keyword> vowed to effectively kill major bipartisan legislation if Democrats pursue their own plan.</li><li>McConnell's statement is a major and perhaps fatal setback for a lengthy effort to pass a <keyword id="11892748" type="UNKNOWN" weightage="60" keywordseo="china" source="Orion">China</keyword> bill.</li></ul>Senate Minority Leader Mitch McConnell declared on Thursday that he would block the progress of President <keyword id="99719" type="UNKNOWN" weightage="60" keywordseo="joe-biden" source="Orion">Joe Biden</keyword>'s major bipartisan semiconductor bill aimed at thwarting China if Democrats continue to pursue a separate economic plan crafted from the ashes of Build Back Better."Let me be perfectly clear: there will be no bipartisan USICA as long as Democrats are pursuing a partisan reconciliation bill," <a href="https://twitter.com/LeaderMcConnell/status/1542600738823618564?s=20&amp;t=J21fxTm_3-jkq9K1ksuVBw">McConnell tweeted.</a>In response, House Speaker Nancy Pelosi's office blasted McConnell as a tool of the "Chinese Communist Party.""Make no mistake: Senator McConnell is now siding with the Chinese Communist Party against American workers and American industry," Pelosi spokesperson Henry Connelly <a href="https://twitter.com/HenryVConnelly/status/1542619899549319168?s=20&amp;t=NGbkHuM2oFxzy-S0c_lmOg">wrote on Twitter.</a> "And why? So that the GOP's pals in Big Pharma can keep ripping off Americans struggling to afford their prescriptions."McConnell's statement all but spells the death knell for bipartisan talks that have dragged on throughout the year as both chambers crafted their own sweeping plans aimed at reinvigorating America's supply chain amid China's rise. It comes as Democrats inch closer to striking a deal at reviving their stalled party-line climate and healthcare bill.Democratic and Republican leaders continuously feuded over the China bill's scope in negotiations this year. Republicans pressed Democrats to ditch provisions dealing with trade, labor, and immigration to keep it smaller. A chunk of the bill set aside $52 billion to shore up the US semiconductor industry during a chip shortage, a key Democratic priority.Centrist Democratic Sens. Joe Manchin and Kyrsten Sinema are key votes on Biden's stalled economic agenda. All 50 Senate Democrats must band together to advance the smaller spending bill with a tie-breaking vote from Vice President Kamala Harris.Spokespeople for Manchin and Sinema didn't immediately respond to a request for comment.Biden and the White House have repeatedly made clear that passing the China bill is a major priority. The legislation, the USICA or United States Innovation and Competition Act, is at times just called the China bill. It is so massive that it has <a href="https://www.politico.com/newsletters/morning-tech/2021/05/19/schumer-rebrands-endless-frontier-act-795403">sparked a reputation</a> for all of the various special-interest driven provisions that have found their way into the text. Commerce Secretary Gina Raimondo has repeatedly warned that failing to pass the legislation could have devastating consequences. <a href="https://www.cnbc.com/2022/06/27/raimondo-us-may-lose-silicon-wafer-factory-if-chips-act-isnt-funded.html">Raimondo said on CNBC on Monday</a> that GlobalWafers might not follow through on its plans to build a $5 billion factory in Texas if the bill fails."It has to be done before they go to August recess," said Raimondo, who has been closely involved in the talks. "I don't know how to say it any more plainly. This deal … will go away, I think, if <keyword id="11893699" type="UNKNOWN" weightage="60" keywordseo="congress" source="Orion">Congress</keyword> doesn't act."Senate Majority Leader Chuck Schumer authored the Senate's version of the bill, a sign of just how serious leadership is in passing it. Biden also pushed it during his State of the Union address in March. The Senate passed its $250 billion package last June. The House advanced its own plan in February. Both sides have been<a href="https://www.reuters.com/world/us/us-lawmakers-open-formal-chips-china-bill-negotiations-2022-05-06/"> trying to sort out the details for months.</a>"To compete for the best jobs of the future, we also need to level the playing field with China and other competitors," Biden said during his address. "That's why it is so important to pass the Bipartisan Innovation Act sitting in Congress that will make record investments in emerging technologies and American manufacturing."

Mitch McConnell says he'll kill the bipartisan China bill if Democrats revive their agenda with Joe Manchin and Kyrsten Sinema

<ul class="summary-list"><li>McConnell criticized Manchin's surprise deal after Democrats yanked his leverage.</li><li>He had previously vowed to block a computer chip bill if Democrats advanced Biden's agenda.</li></ul>Senate Minority Leader Mitch McConnell bashed a nascent agreement between Sen. Joe Manchin of West Virginia and Democratic leaders that revived swaths of their agenda on Wednesday."Democrats have already crushed American families with historic inflation," the Kentucky Republican <a href="https://twitter.com/LeaderMcConnell/status/1552430043430879232?s=20&amp;t=QCNGtOY4f2udsfSVuBZIYA">wrote on Twitter</a>. "Now they want to pile on giant tax hikes that will hammer workers and kill many thousands of American jobs." The agreement between Manchin and Senate Majority Leader Chuck Schumer <a href="https://www.businessinsider.com/manchin-deal-biden-economic-agenda-democrats-2022-5">resuscitates various</a> Democratic initiatives that were considered dead only two weeks ago. The 725-page bill — titled the "Inflation Reduction Act" — would empower Medicare to negotiate prescription drugs, extend financial assistance for people to buy Obamacare health insurance, and finance a variety of climate and energy programs to transition the US from fossil fuels.Manchin released a statement announcing the deal less than five hours after 17 Senate Republicans, including McConnell, joined every Senate Democrat <a href="https://www.businessinsider.com/senate-advances-chips-plus-semiconductors-china-bill-2022-7">to approve a $52 billion bill</a> to strengthen the semiconductor industry. These are computer chips powering smartphones, medical devices, and other high-tech items facing pandemic-related shortages.McConnell <a href="https://www.businessinsider.com/mcconnell-says-hell-kill-bipartisan-china-bill-to-block-democratic-agenda-2022-6">had previously threatened</a> to hold up the semiconductor legislation if Democrats tried advancing their health, climate, and tax bill. The latter measure is getting passed with only Democratic votes in the budget reconciliation process, allowing them to skirt GOP resistance."Let me be perfectly clear: there will be no bipartisan USICA as long as Democrats are pursuing a partisan reconciliation bill," <a href="https://twitter.com/LeaderMcConnell/status/1542600738823618564?s=20&amp;t=J21fxTm_3-jkq9K1ksuVBw">McConnell tweeted</a> a month ago, using another name for the bill.Sen. John Cornyn of Texas, a confidant of McConnell, sought to downplay the prospect that Manchin and Schumer outmaneuvered Republicans on the so-called chips bill. The Texas Republican was among those who gave it a thumbs-up."I always assumed if they had the votes to pass reconciliation, they would do it," Cornyn told Insider on Wednesday. "And there's nothing we could do to stop them."Sen. John Kennedy of Louisiana accused Democrats of double-crossing them. "They sucked Republican votes up like a Hoover Deluxe and then got their votes and then bam, announced this new tax increase," <a href="https://twitter.com/thejcoop/status/1552640775585947648?s=20&amp;t=xpNj2N9IArctYdKs-59ZhA">he told Fox News</a>. "We look like a bunch of – well, I'm not going to say what we look like."The semiconductor bill now heads to the House, where House Republicans are starting to line up in opposition. Rep. Kevin Brady of Texas, the top Republican on the tax-writing House Ways and Means Committee, said Senate Democrats had been "deceitful" for drawing GOP support on the chips bill, then announcing a broader agreement to revive Biden's agenda.One prominent House progressive said she could understand if Republicans were angry at Manchin. "We've all been there," Rep. Pramila Jayapal of Washington told reporters.

McConnell assails Manchin's surprise economic deal after Democrats stripped his leverage to block it

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Joe Manchin says McConnell's threat to sink a bipartisan bill challenging China's economic power won't make him 'walk away' from Biden's agenda

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Mitch McConnell says he'll kill the bipartisan China bill if Democrats revive their agenda with Joe Manchin and Kyrsten Sinema

Joseph Zeballos-Roig,Brent D.…

McConnell assails Manchin's surprise economic deal after Democrats stripped his leverage to block it

Joseph Zeballos-Roig

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