Economics
Manchin Sees Delay in Congress for Vote on Biden’s Agenda
- Key U.S. senator denies he’s digging in on $3.5 trillion plan
- Lawmakers drafting policy details on taxes and social spending
President Joe Biden
Photographer: Ken Cedeno/UPI/Bloomberg
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Senator Joe Manchin cast doubt on the timeline for pushing President Joe Biden’s economic agenda through Congress, suggesting that a late September target for a House vote on infrastructure spending is unrealistic.
Manchin, a Democrat whose vote is crucial in the evenly split U.S. Senate, renewed his objections to a $3.5 trillion plan that includes tax hikes and increases in social spending. He said he can’t support the price tag, doesn’t see the urgency and is concerned about inflation and the impact of higher corporate taxes on U.S. competitiveness.