Sen. Joe Manchin III on Thursday attributed Russia’s war against Ukraine for giving birth to the Inflation Reduction Act, a trimmed-down version of President Biden’s tax-and-climate-spending agenda that the West Virginia Democrat previously rejected.
Mr. Manchin, speaking on an energy panel at the World Economic Forum in Davos, Switzerland, cited the global energy crunch that was exacerbated by Moscow’s invasion as the main reason he got on board the legislation to spend hundreds of billions of dollars on clean energy tax breaks and incentives.
“How the [Inflation Reduction Act] came about was because of the Ukrainian war.