The Daily

How Democrats Salvaged a History-Making Bill

23 snips
Aug 9, 2022
Emily Cochrane, a Washington correspondent for The New York Times, discusses the historic passage of the Inflation Reduction Act. She highlights how the bill aims to fight climate change and lower prescription drug costs, while also focusing on Senator Joe Manchin's journey from holdout to key dealmaker. The conversation covers the political turbulence Democrats faced and the bill's broad benefits, including Medicare reforms and Affordable Care Act subsidies, all pivotal as the party looks ahead to the midterm elections.
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ANECDOTE

Manchin's Rejection of Build Back Better

  • In December 2021, Senator Joe Manchin publicly rejected the Build Back Better Act.
  • This angered Democrats who felt he had derailed months of work and broken his word.
ANECDOTE

Quiet Negotiations and a Scaled-Down Bill

  • Despite the setback, Senator Chuck Schumer restarted negotiations with Manchin.
  • These talks led to a smaller bill focused on climate, energy, and healthcare.
ANECDOTE

Manchin's Second Rejection

  • In July, Manchin again stalled the bill, citing inflation concerns and demanding that it only address healthcare that Summer.
  • He later claimed he intended to revisit climate provisions after seeing inflation data.
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