GOP donors back Manchin and Sinema as they reshape Biden’s agenda

By | November 21, 2021

The New York Times reports:

Over the summer, as he was working to scale back President Biden’s domestic agenda, Senator Joe Manchin III of West Virginia traveled to an $18 million mansion in Dallas for a fund-raiser that attracted Republican and corporate donors who have cheered on his efforts.

In September, Senator Kyrsten Sinema of Arizona, who along with Mr. Manchin has been a major impediment to the White House’s efforts to pass its package of social and climate policy, stopped by the same home to raise money from a similar cast of donors for her campaign coffers.

Even as Ms. Sinema and Mr. Manchin, both Democrats, have drawn fire from the left for their efforts to shrink and reshape Mr. Biden’s proposals, they have won growing financial support from conservative-leaning donors and business executives in a striking display of how party affiliation can prove secondary to special interests and ideological motivations when the stakes are high enough.

Ms. Sinema is winning more financial backing from Wall Street and constituencies on the right in large part for her opposition to raising personal and corporate income tax rates. Mr. Manchin has attracted new Republican-leaning donors as he has fought against much of his own party to scale back the size of Mr. Biden’s legislation and limit new social welfare components. [Continue reading…]

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