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Biden Sees Path for Economic Plan Despite Manchin Rebuff
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President Joe Biden said there’s still a chance he can strike a deal with Senator Joe Manchin to get his Build Back Better economic plan through Congress, despite the West Virginia Democrat’s rejection of the measure.
“I still think there’s a possibility of getting Build Back Better done,” Biden told reporters at the White House on Tuesday.
The president addressed the future of his signature, nearly $2 trillion economic plan for the first time since Manchin surprised the White House on Sunday by announcing he wouldn’t support it. Biden pointed out that Goldman Sachs lowered estimates for the growth of the U.S. economy next year after Manchin’s announcement, and the president again described the legislation as a tool to combat rising inflation.
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“I still think there’s a possibility of getting Build Back Better done,” Biden told reporters at the White House on Tuesday.
The president addressed the future of his signature, nearly $2 trillion economic plan for the first time since Manchin surprised the White House on Sunday by announcing he wouldn’t support it. Biden pointed out that Goldman Sachs lowered estimates for the growth of the U.S. economy next year after Manchin’s announcement, and the president again described the legislation as a tool to combat rising inflation.
Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
Connect with us on…
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