Dem says Manchin blocking energy, tax provisions in big bill
2 years, 5 months ago

Dem says Manchin blocking energy, tax provisions in big bill

Associated Press  

WASHINGTON — Sen. Joe Manchin has said he’ll oppose an economic measure he’s been negotiating with Democratic leaders if it includes climate or energy provisions or higher taxes on the rich and corporations, a Democrat briefed on the conversations said late Thursday, delivering a stunning blow to one of the party’s top election-year priorities. The official said Manchin told Senate Majority Leader Chuck Schumer, D-N.Y., on Thursday that he will only support a new measure if it is limited to curbing pharmaceutical prices and extending federal subsidies for buying health care coverage. Manchin’s demands leave the future of the latest measure unclear, seemingly upending the hopes of President Joe Biden and Democratic leaders’ for a more sweeping package they could push through Congress by August. “Senator Manchin believes it’s time for leaders to put political agendas aside, reevaluate and adjust to the economic realities the country faces to avoid taking steps that add fuel to the inflation fire.” Manchin signaled unease with the negotiations on Wednesday, saying the latest inflation figures left him feeling “more cautious than I’ve ever been” about agreeing to a package that could fuel further price increases.

History of this topic

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