The U.S. Senate has approved a resolution seeking to undo environmental rules implemented by the Biden administration earlier this year, voting for it by a narrow margin.
Sen. Joe Manchin, D-W.Va., has taken millions in donations from oil, gas and coal industry groups over the years, but he also brings in donations from green energy organizations and companies, according to his Federal Election Commission filings.
President Joe Biden promised on Thursday that the so-called “Inflation Reduction Act” wouldn’t raise taxes on Americans making less than $400,000 a year. But, in fact, the bill would increase taxes collected from the American people by more than half a trillion dollars, affecting both rich and poor alike.
The Democrats’ marquee bill to reduce inflation would likely have zero impact on inflation, according to a study by the influential Penn Wharton Budget Model.
