Lawmakers react after Manchin, Schumer agree to reconciliation deal: 'Build Back Broke'

Posted on AllSides July 28th, 2022
From The Right
Economy and Jobs, Budget Reconciliation, Energy, Climate Change, Taxes, Joe Manchin, Chuck Schumer
Jim Lo Scalzo/EPA/Bloomberg via Getty Images

Republicans are not pleased with the prospect of a revived version of Build Back Better after Sen. Joe Manchin, D-W.Va. and Senate Majority Leader Chuck Schumer announced they came to an agreement on a reconciliation package.

While some details of the reconciliation package are unclear, Manchin said in a statement that the bill will contain a minimum 15% tax on companies worth more than $1 billion and will also have investments in energy, which include nuclear, renewables and fossil fuels. 

Manchin said the bill will be titled the "Inflation Reduction Act of 2022."...

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