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The Latest Breaking News from Joe Manchin

Nicholas Goldberg: How Joe Manchin got his superpowers

By what possible definition of democracy is it OK for Joe Manchin, a single senator elected with a mere 290,000 votes from the tiny state of West Virginia, to wield power that exceeds that of his 99 colleagues and rivals that of the president of the United States?

Los Angeles Times

Ramesh Ponnuru: The Democrats are taking Joe Manchin for a ride

In the week since he reached a deal with Senate majority leader Chuck Schumer on the “Inflation Reduction Act,” Sen. Joe Manchin has been everywhere promoting it. One of the West Virginia Democrat’s top selling points is the promise to speed up permitting for U.S. energy production.

Tribune News Service

Sen. Sinema, Democratic leaders reach deal on changes to health and climate bill

WASHINGTON — Sen. Kyrsten Sinema of Arizona said late Thursday she will support moving forward with Democrats’ health, tax and climate bill, a strong sign that the party will be able to advance some of its major policy priorities before the midterm election.

Los Angeles Times

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Surprise Senate vote would overturn Biden environmental rule

In a surprise victory for Republicans, the Senate on Thursday voted to overturn a Biden administration rule requiring rigorous environmental review of major infrastructure projects such as highways, pipelines and oil wells — a victory enabled in part by Democratic Sen. Joe Manchin of West Virginia

The Independent UK

Biden, Republicans spar over impact of Dems' economic plan

Democrats call it the “Inflation Reduction Act.”

The Independent UK

Automakers Suggest Changes To Potential US EV Tax Credit

No matter the language of the proposed EV tax credit, there will be unhappy companies. Automakers hope to encourage Senator Manchin to make some changes.

InsideEVs

McConnell doesn’t answer directly when asked if Manchin and Schumer ‘played’ him

Mr McConnell also says that the Senate will be closely divided after the midterms

The Independent UK

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Democrats complicate the private equity tax loophole

This could become a full employment act for private equity fund accountants.

Axios

Sinema fights to save tax cut for rich

Sinema, who got $2 million in Wall Street donations, met with leading opponents at the Arizona Chamber of Commerce

Salon

GOP targets for Dem bill: Inflation, taxes, Manchin, Sinema

Republicans see inflation, taxes and immigration as Democratic weak spots worth attacking in the upcoming battle over an economic package the Democrats want to push through the Senate

The Independent UK

Sen. Sinema seeks to keep private equity break, curb corporate tax in spending package

WASHINGTON — Sen. Kyrsten Sinema is seeking to preserve a tax break for investment managers and narrow a levy hike on large corporations in the economic package Democrats want to pass as soon as this week, people familiar with the discussions said.

Tribune News Service

Update to electors law desperately needed, senators declare

Republican Sen. Susan Collins and Democratic Sen. Joe Manchin are making the case for overhauling the 1800s-era Electoral Count Act

The Independent UK

Joe Manchin Strikes a Deal To Fix Antiquated Environmental Review Regulations. Will It Do Any Good?

The West Virginia senator proposes marginal reforms to a federal permitting process that policy wonks say needs a root-and-branch overhaul.

Reason

Tuberville Leading Latest Congressional Push for NIL Regulation

The former college football coach and Alabama senator is drafting a bill with West Virginia Democrat Joe Manchin aimed at taming the chaotic NIL landscape.

Sports Illustrated

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The Guardian - US

Joe Manchin and Kyrsten Sinema act out of ego, not principle

If there’s one thing the two supposedly Democratic senators love, it’s media attention

Salon

Seven days in July: A sudden shift?

A month ago, GOP victory looked like a sure thing. Then came Dobbs, the final Jan. 6 hearing and Joe Manchin's deal

WEKU

A tax loophole made fund managers rich. Closing it may help pay for the climate bill

The "carried interest loophole" allows hedge fund managers to tax their income at a lower rate than an ordinary salary. The provision is unpopular — yet it has survived many attempts to eliminate it.

Tribune News Service

Commentary: As Americans reel from stagflation, Manchin pitches tax hikes

Stagflation is here. Inflation notched a fresh 40-year high of 9.1 percent in June, and the economy shrank in the first and second quarters of the year.

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Salon

Koch ad asks Sinema to sink climate deal

"Say no for Arizona," the Koch-backed group Americans for Prosperity tells the Democratic senator in a new ad

The Independent UK

Two top House Dems decline to say Biden should run in 2024

Two powerful House Democrats from New York are declining to say whether President Joe Biden should run for the White House again in 2024

StockNews.com

3 Energy Stocks That Could Benefit From the Manchin Bill

Senator Joe Manchin recently hailed the Inflation Reduction Act of 2022, addressing the nation’s high inflation through energy and climate spending, deficit reduction, prescription drug reform, and clean energy tax credits. We think fundamentally sound energy stocks FirstEnergy (FE), Via Renewables (VIA), and Natural Gas Services (NGS) are well-positioned to…

Bangkok Post

Manchin's small step a big leap for mankind

On a celebratory night in late 2016, the Arc de Triomphe and the Eiffel Tower were lit up in green to remind the world to implement the Paris climate agreement. Yet in recent years, climate legislation in the United States has been stuck at a red light, most recently because…

Investors Business Daily

OPEC+ Agrees To Small Production Increase With Capacity Limited, Crude Oil Prices Off Highs

OPEC+ will meet Wednesday to discuss September production quotas. But spare capacity is scant while demand fears are weighing on crude oil prices.

Axios

The problem with forecasting Manchin's Inflation Reduction Act

Models suggest it will affect overall inflation only a little

The Guardian - US

Killing of Zawahiri gives beleaguered Joe Biden rare political win

US political leaders applaud drone strike as president, battered by inflation, war in Ukraine and Roe ruling, seeks upturn in fortunes

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