Manchin said to oppose any climate spending or tax hikes on rich in economic bill

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Manchin said to oppose any climate spending or tax hikes on rich in economic bill
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Sen. Joe Manchin has reportedly told Senate Majority Leader Chuck Schumer that he will oppose an economic measure they have been negotiating if it includes climate or energy provisions or boosts taxes on the rich or corporations.

WASHINGTON — Sen. Joe Manchin will oppose an economic measure he’s been negotiating with Senate Majority Leader Chuck Schumer if it includes climate or energy provisions or boosts taxes on the rich or corporations, a Democrat briefed on the conversations said late Thursday, delivering a stunning blow to one of the party’s top election-year priorities.

Manchin spokesperson Sam Runyon issued a statement that reiterated the senator’s assertions that he did not want any measure that emerged to worsen the consumer cost of living. The government reported this week that inflation last month reached an annual level of 9.1%, the highest figure in four decades.

Manchin’s demands mean Democrats would probably only be able to produce a far smaller bill that erases the hopes of many in the party to also fund clean energy incentives that could begin to help curb global warming.

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