Manchin rejects climate and energy provisions in reconciliation bill

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Manchin rejects climate and energy provisions in reconciliation bill
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West Virginia Sen. Joe Manchin told Senate Majority Leader Chuck Schumer that he cannot support a bill this August containing the climate or energy provisions the president seeks.

West Virginia Sen. Joe Manchin has dealt a huge blow to President Joe Biden's economic agenda, telling Senate Majority Leader Chuck Schumer that he will only support a reconciliation bill that lowers prescription drug prices and extends subsidies for the nation's health care law, the Affordable Care Act, according to a Democrat briefed on the conversations.

"This is our last chance to prevent the most catastrophic, and costly, effects of climate change," Wyden wrote."We can't come back in another decade and forestall hundreds of billions—if not trillions—in economic damage and undo the inevitable human toll." Manchin, meanwhile, also said he will not support provisions to close tax loopholes that are exploited by the wealthiest Americans and corporations to raise revenue that would help extend the solvency of Medicare, which will only be able to pay full benefits until 2028 if nothing is done. The Washington PostLate last year, Manchin, concerned about rising inflation and debt, dashed the hopes of progressives and the president when he announced he could not support Mr.

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