Manchin Backs Climate Bill In Stunning U-Turn

Manchin Backs Climate Bill In Stunning U-Turn

OilPrice.com

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Senator Joe Manchin who has been opposing the Democrats' plans to pass legislation cementing hundreds of billions in climate change spending this week, sealed a deal with Majority Leader Chuck Schumer on a bill involving $370 billion in climate spending. Called the Inflation Reduction Act of 2022, the bill features $369 billion earmarked for energy and climate-related programs, per a CNBC report, and another $64 billion in healthcare spending through the extension of the Affordable Care Act for another three years. The bill also envisages raising…

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