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Biden Left Empty-Handed After ‘Inexplicable’ Manchin Move

  • Manchin says he won’t back president’s economic agenda
  • Biden staked credibility on winning over Manchin, passing bill
Bloomberg business news
WATCH: Senator Manchin says he won’t support President Biden’s $2 trillion economic agenda as it stands. Laura Davison reports.Source: Bloomberg
Updated on

President Joe Biden faces the unexpected task of quickly rewriting his policy agenda in a crucial election year after a key Senate Democrat abruptly rejected his signature $1.75 trillion economic plan.

Senator Joe Manchin stunned the White House and fellow Democrats Sunday by announcing his opposition to a tax-and-spending package tailored to win his support after months of courtship by Biden and other administration officials. The move effectively torpedoes Biden’s campaign promises to address climate change, health-care costs and child-care needs.