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Senator Manchin Speaks On Inflation

US
  • Senator Joe Manchin (D-WV) has spoken on today's inflation number: 'For months, I have been ringing the alarm bell about inflation. Once again, we are witnessing that the threat of inflation is real. There is not a corner of this nation where hard-working families are able to escape the noticeable impact of this inflation tax. We must remember it is not our money, it’s the American people’s money. It is not our economy, it’s their economy. The longer we or the Federal Reserve waits to act, the more economic pain will be caused.'
  • Manchin cited the threat of inflation as the primary reason he couldn't support Build Back Better in December.
  • The inflation report today might signal the end of the social spending elements of BBB and force a pivot to legislate the bill's climate provisions.
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