Joe Manchin Agrees To Sweeping Legislation To Raise Taxes On Wealthy, Invest In Climate
Sen. Joe Manchin (D-W.Va.) said Wednesday he’s reached a deal with Senate Majority Leader Chuck Schumer (D-N.Y.) on a sweeping $740 billion package to increase taxes on the wealthy and invest in climate and health care while also reducing the deficit. The agreement, now dubbed the Inflation Reduction Act, has the blessing of the White …