Senate Minority Leader Mitch McConnell (R-Ky.) put Senate Democrats and the White House on notice that they can kiss their bipartisan China bill goodbye if they continue to chase a climate, energy and tax deal with Sen. Joe Manchin (D-W.Va.).
Driving the news: In a tweet that ricocheted from Washington to Wall Street, McConnell declared his intent to hold the China bill hostage. "Let me be perfectly clear: there will be no bipartisan USICA as long as Democrats are pursuing a partisan reconciliation bill,” he said, referring to the bill's Senate acronym.