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Senator Manchin Casts More Doubt on Biden’s Agenda With Blast on Inflation

  • West Virginia Democrat calls on Fed to act on rising prices
  • Manchin wants tax hikes on companies, wealthy, capital gains
Joe Manchin
Joe ManchinPhotographer: Julia Nikhinson/Bloomberg
Updated on

Senator Joe Manchin threw more cold water on President Joe Biden’s spending plans after inflation spiked to a 7.5% rate in January, the highest rate in four decades.

Manchin for months has been raising alarms about the impact of federal spending on inflation and in December pulled the plug on negotiations over Biden’s economic plans, citing rising prices as among his concerns.