https://www.nationalreview.com/corner/joe-manchin-may-have-just-killed-transformational-liberalism-for-a-decade/
Senator Joe Manchin (D., W. Va.) says he’s done with President Biden’s Build Back Better legislation. And if saying so on Fox News wasn’t enough, he added an explanation point in a statement released shortly after his appearance, in which he declared: “My Democratic colleagues in Washington are determined to dramatically reshape our society in a way that leaves our country even more vulnerable to the threats we face. I cannot take that risk.”
It is, of course, possible that once they stare into the abyss of defeat, Biden and Democrats may decide to finally cave and give Manchin everything he wants. For instance, he has indicated a willingness to vote for up to $1.75 trillion in spending, and said that he’s more open to picking one priority and fully funding it for a decade rather than starting lots of new programs, funding them for a few years, and hoping they get renewed. So there’s some reason for conservatives to keep the champagne on ice.
But realistically, this approach would require blowing up the bill that had been carefully negotiated for months just to squeak through the House, and getting progressives to swallow whatever Manchin wants whole. The expanded child tax credit that has resulted in monthly payments to families will expire at the end of the year. So trying to pass it next year — which would require every penny of the bill if fully paid for over a decade — would essentially mean creating a new program rather than extending one that’s already on the books.