Joe Biden Urges Democrats To Take Manchin's Offer, Punt On Climate Spending
2 years, 5 months ago

Joe Biden Urges Democrats To Take Manchin's Offer, Punt On Climate Spending

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LOADING ERROR LOADING President Joe Biden on Friday urged his party to quickly pass legislation lowering the cost of prescription drugs and health care insurance ― and to set aside the rest of his economic and climate agenda in Congress for now. With Sen. Joe Manchin’s opposition to new spending aimed at combatting climate change ― something he argues would contribute to record inflation ― and looming health insurance premium hikes this fall, Biden was forced to accept reality and swallow a slimmed-down bill that would give Democrats a big legislative victory ahead of November’s midterm elections. “After decades of fierce opposition from powerful special interests, Democrats have come together, beaten back the pharmaceutical industry and are prepared to give Medicare the power to negotiate lower drug prices and to prevent an increase in health insurance premiums for millions of families with coverage under the Affordable Care Act,” Biden said in a statement issued by the White House. “It’s not prudent to do the other right now,” Manchin said Friday, referring to climate provisions sought by Democrats.

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