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The Latest Breaking News from Joe Manchin

Bernie Sanders: ‘extremely modest’ spending bill fails to meet the moment

Leftwing senator says party squandered chance to be bold, and takes aim at ‘corporate Democrats’ Sinema and Manchin

The Guardian - US

House passes Inflation Reduction Act

"We've got more to do," Rep. Pramila Jayapal said on the House floor. "But today, let's celebrate this."

Salon

US Congress passes spending bill in win for Biden administration

The bill has breathed life into the Democratic Party’s ambitions to retain control of Congress in upcoming elections.

Al Jazeera

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OLD House Democrats pass climate and health care bill on party-line vote, sending it to Joe Biden’s desk

Bill focuses on combating climate change, lowering the cost of prescription drugs and continues subsidies for health insurance

The Independent UK

House Democrats pass climate and health care bill on party-line vote, sending it to Joe Biden’s desk

Bill focuses on combating climate change, lowering the cost of prescription drugs and continues subsidies for health insurance

The Independent UK

Congress sends $740 billion tax, health and climate bill to Biden's desk

The bill marks a huge legislative victory for Democrats and delivers on several longstanding liberal policy goals.

Axios

House Dems set to overcome GOP for climate, health care win

A flagship Democratic economic bill is perched on the edge of House passage

The Independent UK

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Big climate bill: Spending green bucks to spur green energy

Congress is poised to pass a transformative climate change fighting bill

The Independent UK

The US has finally passed a huge climate bill. Australia needs to keep up

If politics moves slowly, climate politics often feels like it doesn’t move at all.

The Conversation

Alan Kohler: How Anthony Albanese can do a Joe Biden on climate change

US President Joe Biden made a clever move to get his climate action bill passed through Congress this week. Anthony Albanese should take note.

The New Daily

AP FACT CHECK: GOP skews budget bill’s impact on IRS, taxes

Republican politicians and candidates are distorting how a major economic bill working its way through Congress would overhaul the IRS and affect taxes for the middle class

The Independent UK

Will Joe Manchin get his pipeline?

The agreement might not solve the Mountain Valley Pipeline’s biggest problem: compliance with environmental law

Salon

If you want an electric car, buy one this week

Biden's about to sign a bill that would instantly make many EVs more expensive

Axios

Senate Bill Makes 70% Of EVs Ineligible For Tax Credit: Carmakers

Alliance for Automotive Innovation says no current EV, PHEV or FCEV would qualify for the full credit when additional sourcing requirements go into effect.

InsideEVs

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Benzinga

Plug Power Q2 Earnings On Deck: What To Watch For After The Bell

Plug Power Inc. (NASDAQ: PLUG) shares have rallied more than 35% over the last month. With earnings due after the bell on Tuesday, Aug. 9, here's a look at what to expect and a rundown of what caused the recent surge.

The Independent UK

Most electric vehicles won't qualify for federal tax credit

A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress

Investors Business Daily

The New Stock Buyback Tax: What It Means For Apple, S&P 500

A new 1% stock buyback tax in the Inflation Reduction Act will trim earnings for Apple and the S&P 500. It also might spur a buyback binge.

The Guardian - US

Congress is about to pass a historic climate bill. So why are oil companies pleased?

The bill is a devil’s bargain between the Democrats, the fossil fuel industry, and recalcitrant senator Joe Manchin. Yet it’s better than nothing

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news in one place.

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The Guardian - US

Landmark US climate bill will do more harm than good, groups say

Bill makes concessions to the fossil fuel industry as frontline community groups call on Biden to declare climate emergency

Salon

Manchin's EV tax credit has a catch

There’s a catch, and it could end up making it difficult for most EVs to qualify for the new incentive

Chicago Tribune

Editorial: Democrats finally get something done for President Biden. In the end, Manchin was more helpful than Sinema

As Democrats finally discovered reality and got some legislation moving, some mighty spurious arguments over the climate and energy bill emerged on both sides of the aisle.

The Independent UK

Learning from failures: How Biden scored win on climate plan

Many pieces of President Joe Biden's domestic agenda have been jettisoned over the last year, but his proposals on climate change remain largely intact

The Independent UK

How Schumer's messy style delivers for Dems: 'I persist'

Senate Democratic Leader Chuck Schumer effectively became the leader of the U.S. Senate on the morning of the Jan. 6, 2021, Capitol insurrection

Reason

The Democrats' New Inflation Bill Includes Tax Credits for Electric Vehicles That Don't Exist

Even Democrats are criticizing the bill's unrealistic expectations.

The Guardian - US

Democrats celebrate as climate bill moves to House – and critics weigh in

Bernie Sanders calls climate measures a ‘very modest step forward’ and Republicans denounce the bill altogether

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