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Day 330

1/ Talks between Biden and Joe Manchin reportedly soured over the size and scope of the $1.75 trillion climate and social safety net legislation. Manchin continued to push for spending reductions, including eliminating the measure’s expanded child tax credit – a federal program that sends monthly tax credit checks to roughly 35 million families with young children. The final child tax credit payments went out today and the program is set to expire at the end of this year, unless lawmakers reauthorize it as part of the Build Back Better Act. Manchin, however, denied that his resistance to the bill was related to the inclusion of the child tax credits, telling reporters: “I’m not negotiating with any of you all, okay? […] This is bulls—. You’re bulls—. Okay. I’m done, I’m done!” Chuck Schumer, meanwhile, hasn’t said he’ll delay work on the bill, but the unresolved disputes with Manchin make it increasingly likely that Democrats will miss their self-imposed deadline to pass BBB before the end of the year. (Washington Post / Associated Press / Politico / Wall Street Journal / Bloomberg / CNBC / NBC News / The Hill)

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