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Money and finance news live updates: IRS letter 6475, claim $1,400, Child Tax Credit, tax


Q    Thanks, Jen.  It’s been a busy news day so I have a few.  Off the top, Senator Manchin just said Build Back Better is “dead.”  Was the White House aware that he felt this way?  And what’s the path forward for some of those Democratic priorities?

MS. PSAKI:  Well, as you know, as a policy, we’re not going to get into private conversations we have with Senator Manchin or any other senators about this piece of legislation or our efforts moving forward. 

What I will note and where there is strong support moving forward across the Democratic Caucus is on taking steps to lower costs for childcare, for healthcare, for eldercare; on making sure that Medicare can negotiate the cost of prescription drugs; and ensuring the tax system is fair.  Whatever you call that, there is strong support for that, strong passion for that, a lot of advocacy for that, and there are a lot of members having continued conversations about it.

Jen Psaki, White House Press Secretary



Read More: Money and finance news live updates: IRS letter 6475, claim $1,400, Child Tax Credit, tax

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