West Virginia Sen. Joe Manchin III told fellow Democrats he could no longer support climate provisions or higher taxes as part of any budget reconciliation package that comes to a vote before the August recess. CQ Roll Call’s David Lerman, Lindsey McPherson and Laura Weiss examine how Democratic negotiations unraveled, what can still be salvaged, and what it means for their broader legislative agenda.

Show Notes:

• Manchin wants progress on inflation before action on broader budget bill
• Manchin upends effort for a downsized `Build Back Better’
• Biden administration tries to get ahead of red-hot inflation report
• For chips and budget packages, Democrats face choices