The Washington Post reports:
Sen. Joe Manchin III (D-W.Va.) told Democratic leaders Thursday he would not support an economic package that contains new spending on climate change or new tax increases targeting wealthy individuals and corporations, marking a massive setback for party lawmakers who had hoped to advance a central element of their agenda before the midterm elections this fall.
The major shift in negotiations — confirmed by two people familiar with the matter who spoke on the condition of anonymity to describe the talks — threatened to upend the delicate process to adopt the party’s signature economic package seven months after Manchin scuttled the original, roughly $2 trillion Build Back Better Act, which President Biden had endorsed.
Read the full article.
Manchin tells Democrats he won’t support any new spending on climate initiatives or tax increases to finance economic plan https://t.co/K86KJR9bnR
— The Washington Post (@washingtonpost) July 15, 2022