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Just dropped · Trial Balloon · Ep. 192

November Surprises

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Trial Balloon · Ep. 192: November Surprises

Joe Manchin Agrees to Climate and Tax Package

July 27, 2022 · 5:34 pm ET · Leave a Comment

Sen. Joe Manchin (D-WV) “announced that he had struck a deal with Democratic leaders on a domestic spending package that includes climate and energy programs and tax increases, less than two weeks after abruptly upending hopes for such a deal this summer,” the New York Times reports.

“In a statement, Mr. Manchin, who had been his party’s main holdout on an expansive social policy, climate and tax package, confirmed his support for the measure in a statement that did not provide detail on its precise elements. But in the statement, he signaled support for climate and energy programs, as well as some tax provisions, all of which he had previously suggested he could not support because of concerns about inflation.”

“It was not clear what had changed his mind about the plan, which only weeks ago he had said he could not back until he saw more economic data next month.”

Washington Post: “The new agreement opens the door for party lawmakers to try to advance the measure as soon as next week, capping off months of debate, delay and acrimony that some Democrats came to see as detrimental to their political fate ahead of this fall’s elections.”

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