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.

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.