Manchin Says Deal Reached With Schumer on New BBB Bill Over Energy, Taxes, Health Care

Sen. Joe Manchin (D-W.Va.) at the U.S. Capitol in Washington on July 20, 2022. Greg Nash/Pool/AFP via Getty Images

Sen. Joe Manchin (D-W.Va.) announced on July 27 that he has reached a deal with Senate majority leader Chuck Schumer (D-N.Y.) on energy, taxes, and health care to advance what appears to be a revised, alternate version to the Build Back Better (BBB) bill.

The new spending package (pdf), now dubbed the “Inflation Reduction Act of 2022,” will “address record inflation by paying down our national debt, lowering energy costs, and lowering healthcare costs,” Manchin said in a lengthy statement.