Scoop: Manchin outlines BBB deal requirements – Axios

Sen. Joe Manchin (D-W.Va.) told a group of climate activists and energy executives he’s open to supporting revised Build Back Better legislation narrowly addressing three issues: climate change, prescription drug prices and deficit reduction.

Why it matters: Manchin’s private comments during a closed-door dinner Monday are a clear indication he’s serious about returning to the negotiating table, but for a much smaller version of President Biden’s initial $3.5 trillion proposal, people familiar with the matter tell Axios.

• His comments at the closed-door dinner, hosted by the American Clean Power Association, the trade association for the renewable energy industry, are consistent with conversations Manchin has had with Senate colleagues.
• In those informal talks, he’s outlined a deal that includes roughly $500 billion for climate and $1 trillion in new revenue.
• But the senator isn’t indicating any support for universal preschool or any of the other care-economy proposals that were…

Read Full Story: https://www.axios.com/manchin-outlines-bbb-deal-requirements-723696b5-c602-42ef-907c-fcf08bab96f6.html

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