The death of the bipartisan approach will allow Manchin and Schumer to focus on a potential deal that includes green energy tax credits and the tax increases to pay for them.
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But any deal will also need 49 other Senate Democrats, including the support of Sen. Kyrsten Sinema (D-Ariz.), who hasn’t been directly involved in the Manchin and Schumer negotiations.
Any Senate package will also need buy-in from House Speaker Nancy Pelosi and President Biden.
What they are saying: “These talks had been a long shot to begin with,” Sen. Kevin Cramer (R-N.D.) told Axios. “Manchin informed us in the last meeting that reconciliation is probably the route he’s going down.”
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