For the past two years, President Biden has frequently quipped that “infrastructure week” was nothing more than a punchline during the Trump administration. On Friday, it will be a cause for celebration for his administration.

Industry advocates and trade groups mark infrastructure week in Washington, D.C., every May, and the Biden administration is taking advantage to tout the progress it has made in the 18 months since the president signed the Bipartisan Infrastructure Law.

A month ago, Joe Biden’s presidency was on the brink of failure. His legislative agenda was moribund, the economy was teetering on the precipice of recession, and Democrats were speculating in the press about who else they could nominate for president in 2024. Biden, like Jimmy Carter, seemed destined to be remembered as a president overwhelmed by economic crosscurrents and a Democratic Congress he could not productively lead.

Sen. Kyrsten Sinema signed off on sweeping Democratic legislation Thursday that would provide new spending to mitigate climate change and extend health care access while taxing corporations.

The Arizona Democrat's announcement likely unlocks the votes needed to pass the bill in the Senate.

Sinema said her support came after Democratic leaders agreed to remove a provision on closing the so-called carried interest tax loophole that enables wealthy hedge fund and investment managers to pay lower taxes.

WASHINGTON — What started as a $4 trillion effort during President Joe Biden’s first months in office to rebuild America’s public infrastructure and family support systems has ended up a much slimmer, but not unsubstantial, compromise package of inflation-fighting health care, climate change and deficit reduction strategies that appears headed toward quick votes in Congress.

After months of back and forth, Sen. Joe Manchin (D-WV) has found a version of Build Back Better he finally likes.

On Wednesday, Manchin put out a statement in support of a new compromise, the Inflation Reduction Act of 2022, which addresses everything from prescription drug costs to corporate taxes to the climate. The new bill, which Democrats released a one-page factsheet for, contains significantly less than what the party previously pushed for in Build Back Better, but is far more expansive than the reconciliation package Manchin signed onto a few weeks ago.

President Joe Biden and the White House are reportedly "steaming mad" at Sen. Joe Manchin, D-W.V., after the senator said he wouldn't consider the administration's climate and tax provisions in a sweeping Democratic bill. 

"The president has told confidants that while he understands Manchin represents a deep-red state, he can’t fathom why he keeps torpedoing the party’s best-laid plans," Politico reported on Tuesday. 

A Democratic operative told the outlet that Manchin is "ridiculous" and said that he plays games and is a "bad actor."

Despite even more crushing inflation news — 9.1%, a level not seen since 1981 — congressional Dems are again flogging their recipe for deeper disaster: a new version of Joe Biden’s ill-fated 2021 “Build Back Better” bill.

Have they learned nothing? More spending is the last thing we need. Sen. Joe Manchin (D-W.Va) was right to kill the first one, a mishmash of social outlays, green poppycock and tax hikes (plus giveaways to the wealthy). 

Sen. Joe Manchin, D-W.Va., and his staff told Senate Majority Leader Chuck Schumer, D, N.Y., unequivocally Thursday that he is only willing to support a reconciliation bill in August that includes a provision to lower prescription drug prices and a two-year extension of subsidies for the Affordable Care Act, according to a Democrat briefed on the conversations. 

Sen. Joe Manchin (D-W.Va.) told Senate Majority Leader Charles Schumer (D-N.Y.) “unequivocally” on Thursday that he will only support a narrow budget reconciliation package before Labor Day if is does not include new spending to fight climate change or taxes on wealthy individuals or corporations, according to a Democrat briefed on the talks.

Sen. Joe Manchin on Thursday dealt a devastating blow to Democrats' hopes for sweeping legislative action this year, telling Senate Majority Leader Chuck Schumer and his staff "unequivocally" that he won't support the climate or tax provisions of a Democratic economic package, two sources familiar with the talks tell CNN.

The two had been negotiating for months, and Schumer, a New York Democrat, had made a number of concessions to pare back the climate provisions to appease Manchin, whose support is critical in an evenly decided Senate.