Sen. Joe Manchin (D-W.Va.) has doubled down on his concern that President Joe Biden’s $1.85 trillion Build Back Better (BBB) Act will worsen already skyrocketing inflation, signaling that the senator is still on the fence about the House-passed spending plan.
Currently, inflation of the U.S. dollar is at its highest level in nearly four decades. According to the Labor Department’s Consumer Price Index (CPI), inflation jumped by 0.8 percent in November alone, a slight decrease over October’s 0.9 percent jump. Still, the report showed that the 12 month period between Nov. 30, 2020, and Nov. 30, 2021, saw a jump of 6.8 percent in the price of all items, the most severe inflation jump since 1982.
