Morning Jolt: Manchin Saves Biden’s Bacon

On the menu today: West Virginia senator Joe Manchin, the Democrat most hated by the progressive grassroots of his party, chooses to save the Biden agenda and give his party a major legislative win before the midterm elections; all projections suggest that inflation will rage for the rest of the year; and the Biden administration considers releasing the world's most notorious arms dealer.

Manchin Makes a Deal

Maybe Joe Manchin's recent Covid infection made him want to reach a deal?

After a year of closed-door negotiations that seemed to go around in circles, Manchin surprised Washington by announcing yesterday that he had agreed in principle to a somewhat-smaller version of "Build Back Better," now shamelessly called the "Inflation Reduction Act." As our Caroline Downey summarizes:

While $369 billion of the plan would be allocated to energy and climate initiatives, $64 billion would go to extending expiring federal subsidies for people buying health insurance, the ...

WITH JIM GERAGHTY July 28 2022 WITH JIM GERAGHTY July 28 2022 Manchin Saves Biden's Bacon On the menu today: West Virginia senator Joe Manchin, the Democrat most hated by the progressive grassroots of his party, chooses to save the Biden agenda and give his party a major legislative win before the midterm elections; all projections suggest that inflation will rage for the rest of the year; and the Biden administration considers releasing the world's most notorious arms dealer. Manchin Makes a Deal Maybe Joe Manchin's recent Covid infection made him want to reach a deal? After a year of closed-door negotiations that seemed to go around in circles, Manchin surprised Washington by announcing yesterday that he had agreed in principle to a somewhat-smaller version of "Build Back Better," now shamelessly called the "Inflation Reduction Act." As our Caroline Downey summarizes: While $369 billion of the plan would be allocated to energy and climate initiatives, $64 billion would go to extending expiring federal subsidies for people buying health insurance, the ...   READ MORE

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