Manchin Supports Inflation Bill in Exchange for Pipeline

    Image copyright: Reuters [via The New York Times]

    The Spin

    Democratic narrative

    This pipeline has its negatives, but if its approval is what it takes for Manchin to support the larger bill and bring to life the hundreds of billions in new clean energy investments, this deal is very much worth it. Ultimately this will help both the environment and inflation - a true win-win.

    Republican narrative

    Manchin thinks he's sly because he's bringing federal dollars to his home state of West Virginia, while simultaneously giving Biden a political victory. But what he's agreed to support is a so-called "inflation-reduction bill" that will tax big businesses and raise prices on low-income Americans - including the people of his home state.

    Metaculus Prediction


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