Joe Manchin: Wonât Support Climate or Tax Provisions in Democratsâ Economic Bill
On Sunday, Senator Joe Manchin of West Virginia announced that he wonât support the climate or tax provisions in the Democratsâ economic bill. This announcement dealt a significant setback to President Bidenâs domestic agenda.
Manchinâs opposition to the climate and tax provisions in the Democratsâ economic bill is expected to complicate the already-difficult task of passing legislation that would significantly reduce carbon emissions over the next decade.
Manchinâs Decision
In a statement, Manchin stated that he opposed the $3.5 trillion spending package, which included funding for a host of Democratic priorities such as health care, child care and preschool, paid family leave, climate policies, housing assistance, and immigration reform.
Manchin cited inflation concerns for his opposition to the bill, stating that the billâs size and scope could âheightenâ âexisting inflationary pressuresâ and make it more difficult for Americans to afford goods and services.
The Climate and Tax Provisions
The climate and tax provisions in the Democratsâ economic bill are two of the many priorities outlined in the package.
- The climate provisions would invest in clean energy infrastructure and programs to combat climate change.
- The tax provisions would increase taxes on high-earning Americans to pay for the provisions in the bill.
The climate provisions are a key part of President Bidenâs climate agenda, which set the goal of achieving net-zero carbon emissions by 2050. The tax provisions, meanwhile, were designed to raise revenue to pay for the Democratsâ economic bill while mitigating the impact on lower- and middle-class families.
Whatâs Next
Manchinâs decision to oppose the climate and tax provisions in the Democratsâ economic bill is likely to make it more difficult for the bill to pass in the Senate. With Republicans and moderate Democrats also skeptical of the billâs size and scope, the legislationâs future remains uncertain.
Democrats could potentially revise the bill to meet Manchinâs concerns, but that could also require significant changes to the legislationâs overall framework.
For now, the Democratsâ economic bill remains in limbo as lawmakers continue to negotiate and work towards a compromise.
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