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9/30/2021, 6:34 PM (Source: TeleTrader)
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Manchin proposes $1.5T for reconciliation spending

United States Senator Joe Manchin told reporters on Thursday that his proposed number for the reconcilliation social spending bill is $1.5 trillion.

Manchin was insistent that the $3.5 trillion spending in the reconciliation package was too much, but didn't go as far as to say that he wouldn't vote for anything above $1.5 trillion.

Manchin was also less optimistic about the potential of finishing the deal quickly, saying that any change to the tax code, which was how the Democrats want to pay for the bill, would need to take a while.

Baha Breaking News (BBN) / OL