The deal announced last week by Senate Majority Leader Charles Schumer (D-N.Y.) and Sen. Joe Manchin (D-W.Va.) will “nudge the economy and inflation in the right direction” and “meaningfully” address climate change, a new analysis by Moody's Analytics found.
The analysis comes at a critical moment when Schumer and Manchin are hoping to persuade the last hold-out Democratic senator to support the deal: centrist Sen. Kyrsten Sinema (Ariz.).
The deal, which would rais...