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What America Do We Want to Be?

Join Living Room Conversations, our civil dialogue partner, and America Indivisible for a nationwide conversation on April 13, Thomas Jefferson’s 276th birthday. "Reckoning with Jefferson: A Nationwide Conversation on Race, Religion, and the America We Want to Be" will be held via in-person and online video discussions. Sign up today!

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Join Living Room Conversations, our civil dialogue partner, and America Indivisible for a nationwide conversation on April 13, Thomas Jefferson’s 276th birthday. "Reckoning with Jefferson: A Nationwide Conversation on Race, Religion, and the America We Want to Be" will be held via in-person and online video discussions. Sign up today!

What America Do We Want to Be?

Join Living Room Conversations, our civil dialogue partner, and America Indivisible for a nationwide conversation on April 13, Thomas Jefferson’s 276th birthday. "Reckoning with Jefferson: A Nationwide Conversation on Race, Religion, and the America We Want to Be" will be held via in-person and online video discussions. Sign up today!

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Sen. Joe Manchin (D-WV) and Senate Majority Leader Chuck Schumer (D-NY) struck a deal on a $739 billion budget reconciliation package.

Some details are unclear, but the "Inflation Reduction Act of 2022" would include roughly $370 billion in energy and climate change programs over the next 10 years, and would aim to raise $739 billion in revenue through IRS tax enforcement by establishing a corporate minimum tax. $300 billion would also be invested to reduce the national debt.

The deal comes two weeks after Manchin reportedly balked in discussions with Schumer, fueling Senate Democrats' fears that they wouldn't be able to pass the key piece of Biden's agenda before the August recess. It also represents a breakthrough after more than a year of negotiations that collapsed time and again. The package is certain to face GOP opposition when the Senate considers the bill next week.  Sen. Marsha Blackburn (R-Tenn.) called the bill "Build Back Broke" in a tweet, and Senate Minority Leader Mitch McConnell (R-Ky.) said it would "kill thousands of American jobs" and contains "giant tax hikes."

The deal was covered prominently across the political spectrum Thursday.

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Republicans are not pleased with the prospect of a revived version of Build Back Better after Sen. Joe Manchin, D-W.Va. and Senate Majority Leader Chuck Schumer announced they came to an agreement on a reconciliation package.

While some details of the reconciliation package are unclear, Manchin said in a statement that the bill will contain a minimum 15% tax on companies worth more than $1 billion and will also have investments in energy, which include nuclear, renewables and fossil fuels. 

Solar stocks jumped on Thursday after Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.V., said they’ve reached a deal on what would be the most ambitious climate spending package in U.S. history.

The “Inflation Reduction Act of 2022” includes $369 billion for clean energy provisions

“The entire clean energy industry just breathed an enormous sigh of relief,” American Clean Power CEO Heather Zichal said Wednesday evening.