BREAKING

Manchin may delay Biden social spending plan over inflation

Published

on

According to this article on AXIOS, by Hans Nichols

“Red-hot inflation data validates the instinct of Sen. Joe Manchin (D-W.Va.) to punt President Biden’s Build Back Better agenda until next year — potentially killing a quick deal on the $1.75 trillion package, people familiar with the matter tell Axios.

Why it matters: The data released Wednesday set the president and White House staff scrambling. Slowing down work on the massive tax-and-spending plan is against the fervent desire of the administration and House progressives.

  • With a limited number of legislative days left in the year, Manchin is content to focus on the issues that need to be addressed, Axios is told.

  • They include funding the government, raising the debt ceiling and passing the National Defense Authorization Act.

  • Manchin, like a group of House moderates, also wants to see a Congressional Budget Office analysis of the true cost of each of Biden’s proposed programs, as well as the tax proposals to fund them.”

Trending

Copyright © 2020 IMMIGRATION REFORM NEWS