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Warner says $3.5 trillion package 'falls short' on housing assistance | TheHill - The Hill

Sen. Mark WarnerMark Robert WarnerWill the US emulate China's tech takedown? Harris to hold fundraiser for McAuliffe ahead of Virginia governor's race Blinken to testify before Senate panel next week on Afghanistan MORE (D-Va.) issued a statement Sunday arguing that the Democrat’s $3.5 trillion reconciliation package “falls short” on housing assistance, which he said is crucial to increasing home ownership and closing the racial wealth gap.

“While there are many important initiatives in the House proposal, especially relating to rental assistance, just 3 percent of the $330 billion investment in banking and housing is dedicated to the cause of increasing homeownership and equity, which are some of the most significant tools available to narrow the racial wealth gap,” according to a statement Warner’s office sent to The Hill, which was first reported by Axios

“As currently written, this proposal falls short. I will be working in the Senate to make the American dream of homeownership and wealth creation more accessible to historically disadvantaged communities,” he continued.

Warner's criticism comes as Democrats are trying to keep all 50 of its senators on the same page to pass a reconciliation package loaded with Democrat priorities, including expanded health care, funding for universal pre-K, tuition-free community college and investments in housing affordability and production.

Sen. Joe ManchinJoe ManchinSunday shows preview: Biden issues new vaccine mandates; House committee marks up .5T reconciliation bill ATF nominee's fall is just latest defeat for gun control advocates On The Money — The Democratic divide on taxes MORE (D-W.Va.) said on Sunday he cannot support a package if the price tag remains at $3.5 trillion.

“He [Senate Majority Leader Sen. Chuck SchumerChuck SchumerBidens, former presidents mark 9/11 anniversary Why is Biden hesitating to challenge China as East Asia's major trade partner? Retail group backs minimum corporate tax, increased IRS enforcement MORE (D-N.Y.)] will not have my vote on 3.5. And Chuck knows that. And we have talked about this,” Manchin told CNN’s Dana BashDana BashThe Hill's Morning Report - Presented by Facebook - Questions on Biden agenda; unemployment benefits to end Supreme Court ruling on Texas abortion law rattles lawmakers Klobuchar points to Texas abortion law in discussing potential Breyer retirement MORE on “State of the Union.”

“And we have tried to help Americans in every way we possibly can. And a lot of the help that we put out there is still there, and it's going to run clear until next year, 2022,” Manchin continued. “What’s the urgency?”

Democrats need all 50 of its Senate members in lockstep in order to push their package through reconciliation, which would not require the usual 60 Senators to pass legislation. Some Democrats, including Rep. Alexandria Ocasio-CortezAlexandria Ocasio-CortezOcasio-Cortez raises over 0K for Texas pro-choice groups Manchin, Sanders set for clash over Biden spending package Ocasio-Cortez fires back after Palin labels her a 'fake feminist': 'Call 1-800 CRY NOW' MORE (D-N.Y.), have criticized the West Virginia senator for opposing the legislation. 

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