Sen. Joe Manchin Holds Back Support for Social-Spending Bill [View all]
Source: The Wall Street Journal
West Virginia Democrat says at WSJs CEO Council Summit that he is wary of the government putting more money into the economy
WASHINGTON Sen. Joe Manchin declined to commit to voting for Democrats roughly $2 trillion social-policy and climate package, citing concerns about inflation and the length of programs, weeks before the Christmas deadline party leaders are racing to meet.
Mr. Manchin, a West Virginia Democrat, made the remarks during The Wall Street Journals CEO Council Summit at a pivotal moment for Democrats in Washingtonand one where he has been a key figure. Because Senate Democrats are using a special budget maneuver to pass their education, healthcare and climate package without any GOP support, they cant lose a single senator from their own party.
Mr. Manchin has supported the other two pillars of President Bidens agenda this year. But the senator, who represents a state former President Donald Trump won by 40 points in 2020, continues to express concern about the bills impact on inflation and the deficit.
The unknown were facing today is much greater than the need that people believe in this aspirational bill that were looking at, Mr. Manchin said Tuesday. Weve gotta make sure we get this right. We just cant continue to flood the market, as weve done.
Read more: https://www.wsj.com/articles/manchin-holds-back-support-for-social-spending-bill-11638919554