Wednesday, July 27, 2022

Breaking News: Manchin says he and Schumer have a deal that includes energy, taxes

Joe Manchin says he and Senate Majority leader Chuck Schumer have reached a deal on a bill that includes energy and tax policy, a turnaround after the two deadlocked earlier this month in talks on Democrats' marquee party-line agenda.

Manchin said in a press release that his agreement with Schumer "would dedicate hundreds of billions of dollars to deficit reduction by adopting a tax policy that protects small businesses and working-class Americans while ensuring that large corporations and the ultra-wealthy pay their fair share in taxes."

Following Manchin's stated interest in limiting a party-line domestic policy bill to health care and lowering prescription drug prices, Democrats were expecting to pursue a bill that did not include climate or energy provisions. The Senate is set to go on recess next week.

Read more: https://www.politico.com/news/2022/07/27/manchin-schumer-senate-deal-energy-taxes-00048325

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