Biden’s Economic Plan Hits Crunch Time, Now With Manchin as Ally
- Schumer, Manchin close in on deal for tax, climate, drugs bill
- China-linked package, other items hinge on reconciliation bill
The National Mall in Washington, D.C., US.
Photographer: Al Drago/BloombergThis article is for subscribers only.
Crunch time has finally arrived for President Joe Biden’s economic agenda as congressional Democrats scramble for a deal on a slimmed-down version of what was once a multi-trillion-dollar overhaul of domestic policy.
The Senate aims to pass the revised package before its summer recess begins Aug. 8, a move that would line up a win for Democrats defending their slim congressional control ahead of November’s midterm elections.