What Manchin’s derailing of Build Back Better could mean for the economy


podcast: Marketplace

How much pull on the economy can one man have? Quite a bit, it turns out. On Sunday, Sen. Joe Manchin, a Democrat, announced that he would not be supporting the Build Back Better Act, citing inflation concerns. The bill, a foundational part of President Joe Biden’s agenda, has billions slated for social spending programs and addressing the climate crisis. Today, we’ll see where that leaves climate scientists and take a closer look at the impact government spending has on inflation. Plus, we’ll hear about a new lender for native farmers and ranchers, see what loan payment pauses have meant for students and look at the art and imperfect science of economic forecasting.

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