Bipartisan Senate energy talks led by Sen. Joe Manchin (D-W.Va.) are essentially over, with Republican senators convinced that Manchin is close to a reconciliation deal with Majority Leader Chuck Schumer (D-N.Y.), according to people familiar with the matter.
Why it matters: 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.