Why Manchin may punt Biden plan to 2022

Between the lines: Manchin may end up supporting a package in the $1.75 trillion range this year, Axios is told, but he’s more inclined to wait and watch how inflation plays out at home and across the country.

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Given the number of differences he has with the House version of the bill, he sees 2022 as a much more likely timeframe, the people familiar with his thinking say.

His acid statement Monday on Biden’s decision to tap the strategic petroleum reserve — calling in a “an important policy Band-Aid” — was filled with long-simmering frustrations, and indicates he’s far from a final deal.

“Historic inflation taxes and the lack of a comprehensive all-of-the-above energy policy pose a clear and present threat to American’s economic and energy security that can no longer be ignored,” he said.

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