Manchin, Joe III
Manchin’s Gas Pipeline Deal Irks Both Parties, Snarling Spending Bill
WASHINGTON — When Senator Joe Manchin III of West Virginia agreed in late July to supply his crucial vote allowing Democrats to pass their landmark climate change, health and tax legislation, he extracted a promise in return: Congress would pass a separate bill by the end of September making it easier to build a natural […]
Know MoreProgressives Embrace Climate and Tax Deal, Despite Disappointments
WASHINGTON — With enactment of a major piece of Democrats’ domestic agenda in sight within days, progressives in Congress are rallying, grudgingly but decisively, around a climate, health and tax package that is a shadow of the ambitious cradle-to-grave social policy overhaul they once demanded. Bowing to the realities of their party’s thin majorities in […]
Know MoreThe Carried Interest Loophole Survives Another Political Battle
WASHINGTON — Once again, carried interest carried the day. The last-minute removal by Senate Democrats of a provision in the climate and tax legislation that would narrow what is often referred to as the “carried interest loophole” represents the latest win for the private equity and hedge fund industries. For years, those businesses have successfully […]
Know MoreWith Climate Deal in Sight, Democrats Turn Hopes on Sinema
WASHINGTON — As Senator Kyrsten Sinema, Democrat of Arizona, took her turn presiding over the Senate floor on Tuesday, Senator Joe Manchin III of West Virginia, a fellow Democrat, got down on one knee beside her at the dais, leaning in intently to speak to her in hushed tones. Ms. Sinema, an inscrutable lawmaker who […]
Know MoreDemocrats’ Climate Deal Isn’t Done Yet. Here Are the Remaining Hurdles.
“We have a good, balanced piece of legislation. It’s taken me eight months to get here,” Mr. Manchin said. “The process is what it is. You respect the process, and we’ll see what happens.” In a notice reviewed by The New York Times, Democratic floor staff offered some advance advice for senators and their aides […]
Know MoreClimate Bill ‘Transformative’ for Auto and Energy Industries
Making electric cars more affordable. For the auto industry, one of the most important provisions in the climate bill would eliminate a cap on how many cars from each manufacturer are eligible for a $7,500 tax credit that taxpayers get for buying electric vehicles. Currently, the credits are phased out after a manufacturer has sold […]
Know MoreAfter Clash, Manchin and Schumer Rushed to Reset Climate and Tax Deal
WASHINGTON — Senator Chuck Schumer, the majority leader, and Senator Joe Manchin III, Democrat of West Virginia, were both nursing resentments when they met secretly in a windowless room in the basement of the Capitol last Monday to try to salvage a climate package that was a key piece of their party’s agenda. Mr. Schumer […]
Know MoreManchin, in Reversal, Agrees to Quick Action on Climate and Tax Plan
WASHINGTON — Senator Joe Manchin III of West Virginia, a key centrist Democrat, announced on Wednesday that he had agreed to include hundreds of billions of dollars for climate and energy programs and tax increases in a package to subsidize health care and lower the cost of prescription drugs, less than two weeks after abruptly […]
Know MoreBipartisan Senate Group Strikes Deal to Rewrite Electoral Count Act
WASHINGTON — A bipartisan group of senators proposed new legislation on Wednesday to modernize the 135-year-old Electoral Count Act, working to overhaul a law that President Donald J. Trump tried to abuse on Jan. 6, 2021, to interfere with Congress’s certification of his election defeat. The legislation aims to guarantee a peaceful transition from one […]
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