Manchin, Schumer Strike Deal on $670B Spending Package | Compare reporting by CNBC foxheadlines CNN
on a $670 billion spending package. Some details are unclear, but the"Inflation Reduction Act of 2022" would include roughlyover the next ten years, causing solar stock prices to jump. The bill would also raiseby establishing a corporate minimum tax; $300 billion would 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
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