Happy Hour News
Here we go again:
Sen. Joe Manchin III (D-W.Va.) on Wednesday reached a deal with Democratic leaders on legislation that aims to lower health-care costs, combat climate change and reduce the federal deficit, a massive potential breakthrough for President Biden’s long-stalled economic agenda.
The new agreement, brokered between Manchin and Senate Majority Leader Charles E. Schumer (D-N.Y.), opens the door for party lawmakers to try to advance the measure in the coming weeks. It caps off months of fierce debate, delay and acrimony, a level of infighting that some Democrats came to see as detrimental to their political fate ahead of this fall’s elections.
Under the deal, Manchin agreed to support roughly $433 billion in new investments, much of which is focused on climate change and energy production. In total, Democrats say their proposal — now known as the Inflation Reduction Act of 2022 — could lower energy costs, increase clean energy production and reduce carbon emissions roughly 40 percent by 2030.
The ball, I guess is in Sinema’s court: remember, she’s the no-taxes maven.
Anyway this tweet—if true— is delicious:
OK, that’s pretty fun, but I’ve watched everyone play this game with him too many times to get excited. I’ll be glad to be wrong, but pass the bill before you open the champagne: this is King Joe, after all. Treachery still abounds.