Senate Majority Leader Chuck Schumer (D–N.Y.) has reportedly brokered a deal with Sen. Joe Manchin (D–W.Va.) to pass a slimmed-down version of President Joe Biden's spending plan—now to be marketed as an attempt to curb inflation.
In a statement on Wednesday evening, Manchin announced The Inflation Reduction Act of 2022, a bill that the swing-vote senator says will be built around "paying down our national debt, lowering energy costs and lowering healthcare costs."
