Joe Manchin Revives Biden's Agenda, Agrees To Democrat Package Of Tax Increases And Climate Spending

The Democratic senators agreed to a spending package titled the "Inflation Reduction Act of 2022." The bill proposes to increase taxes on billion-dollar companies, spend $369 billion on climate and energy programs, and extend health care subsidies for Affordable Care Act users for three more years.

In recent weeks, Manchin shot down Democrat attempts at pushing through Biden's agenda, and reportedly told Democratic leaders he would "unequivocally" refuse to support legislation related to climate change and tax increases

• Now, the West Virginia senator claims reconciling with Democrats on this package will help the country fight inflation.
• Democrats will use the budget reconciliation process to bypass the Senate filibuster and advance the bill along party lines, potentially giving the party a much-needed legislative victory before a midterm election where Democrats are expected to face a "red wave."
  1. The Democratic senators agreed to a spending package titled the “Inflation Reduction Act of 2022.” The bill proposes to increase taxes on billion-dollar companies, spend $369 billion on climate and energy programs, and extend health care subsidies for Affordable Care Act users for three more years, according to The Wall Street Journal.
  2. Senator Joe Manchin (D-WV) resurrected key pieces of President Joe Biden’s “Build Back Better” agenda in a surprising agreement with Senate Majority Leader Chuck Schumer (D-NY) on Wednesday.
  3. In Manchin’s statement, he criticized Democrats for previously attempting to spend trillions of dollars on Biden’s “Build Back Better” agenda as the country grapples with inflation.
  4. A joint statement from Manchin and Schumer claimed the package would “fight inflation, invest in domestic energy production and manufacturing, and reduce carbon emissions by roughly 40 percent by 2030,” Politico reported.
  5. In recent weeks, Manchin shot down Democrat attempts at pushing through Biden’s agenda, and reportedly told Democratic leaders he would “unequivocally” refuse to support legislation related to climate change and tax increases. 

https://www.dailywire.com/news/joe-manchin-revives-bidens-agenda-agrees-to-democrat-package-of-tax-increases-and-climate-spending