Manchin Calls Billionaires’ Tax ‘Convoluted’ as Democrats Seek Deal

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Manchin Calls Billionaires’ Tax ‘Convoluted’ as Democrats Seek Deal
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Democratic Sen. Joe Manchin raised concerns about a proposed tax on billionaires’ unrealized gains: “There’s a lot going on with that, it’s very convoluted.”

WASHINGTON—Democrats struggled Wednesday to piece together even the outline of an agreement on their social-policy and climate bill, as White House officials traveled to Capitol Hill to meet with centrists who have objected to elements of the plan.

The White House is pushing for Democrats to come together around the bill, expected to cost around $1.75 trillion, by the end of the week. President Biden is set to attend the , and the Virginia and New Jersey gubernatorial elections are Tuesday, making the White House eager to show progress on the president’s agenda.

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