Sen. Joe Manchin (D-WV) met with Senate Majority Leader Chuck Schumer to talk about a reconciliation bill that could combat inflation, The Hill reports.
Manchin told reporters that he supports a corporate tax rate of 25% and a capital gains tax of 28%.
NBC News: “There’s a first-mover problem here. Manchin has his red lines but he’s not going to drive this effort and seems unlikely to lose sleep if a party-line bill never revives. White House and Chuck Schumer don’t want to get burned again.”
