Biden’s agenda is, in fact, back
Economy And Jobs,Budget Reconciliation,Build Back Better,Joe Manchin,Energy,Climate Change,Taxes
After months of back and forth, Sen. Joe Manchin (D-WV) has found a version of Build Back Better he finally likes.
On Wednesday, Manchin put out a statement in support of a new compromise, the Inflation Reduction Act of 2022, which addresses everything from prescription drug costs to corporate taxes to the climate. The new bill, which Democrats released a one-page factsheet for, contains significantly less than what the party previously pushed for in Build Back Better, but is far more expansive than the reconciliation package Manchin signed onto a few weeks ago.
As of earlier this month, Manchin was only on board for a bill that would lower prescription drug costs and extend ACA subsidies. He’d argued that doing anything more would increase inflation and hurt the economy.
Now, Manchin says, he has found a way to decrease inflation (whether that’s correct is unclear) and advance Democrats’ legislative agenda.
Related Coverage
AllSides Picks
Headline Roundup
Labor Day 2026: What to Make and Expect of the US Economy
September 7th, 2026
Headline Roundup
Women Accounted for 98% of New US Jobs in August
September 7th, 2026
The Insight
The Insight: How Much Are Trade Battles Costing You?
AllSides Staff
September 11th, 2026
News
Tracking Trump’s Campaign Promises
AllSides Staff
September 2nd, 2026
More News about Economy and Jobs
News from the Left
News from the Center
News from the Right
Fox Business