šµAlmost heaven, West Virginia!šµ
Manchin, in Reversal, Agrees to Quick Action
on Climate and Tax Plan
The West Virginia Democrat, a holdout on his party’s domestic agenda, said the package would reduce inflation, a concern he had cited in rejecting it just weeks ago.
Manchin...a key centrist Democrat, announced on Wednesday that he had agreed to include hundreds of billions of dollars for climate and energy programs and tax increases in a package to subsidize health care and lower the cost of prescription drugs, less than two weeks after abruptly upending hopes for such an agreement this summer.
The package would set aside $369 billion for climate and energy proposals, the most ambitious climate action ever taken by Congress, and raise an estimated $451 billion in new tax revenue over a decade, while cutting federal spending on prescription drugs by $288 billion, according to a summary circulated Wednesday evening.
The product of a deal announced by Mr. Manchin and Senator Chuck Schumer, Democrat of New York and the majority leader, it would reduce the federal deficit by about $300 billion, while seeking to push down the cost of health care, prescription medicines and electricity.
How did this happen? Why did he change so suddenly?
...
...while many details were not immediately available, the announcement suggested that Democrats could move in the coming days to salvage a major piece of their domestic agenda, which only weeks ago appeared doomed given Mr. Manchin’s refusal to quickly sign on.
...
It was not clear what had changed Manchin’s mind since he said not even two weeks ago that he could not support such a package until he saw inflation numbers for July, which are not scheduled to be issued for two more weeks. But quiet negotiations had resumed between Mr. Manchin, Mr. Schumer and their staffs in recent days, according to a person familiar with the talks.
...
...Manchin’s resistance has been the primary obstacle...all along, handing him effective veto power over its contents — and the final say over whether any measure could pass the Senate.
His embrace of the plan did not guarantee it would move forward. Several senators declined to comment on the deal upon hearing of it on Wednesday evening until they learned more about it. That included Senator Kyrsten Sinema, an Arizona Democrat who has been another holdout on her party’s domestic policy measure. A spokeswoman for her said the senator needed to review the legislation.
šµArizona, take off your rainbow shades
Arizona, cut off your Indian braids
Arizona, hey won'tcha go my wayšµ
