Ex-Treasury Chiefs Paulson, Geithner, Summers Back Manchin Bill

Aug. 3, 2022, 11:40 AM UTC

The Senate Democrats’ climate-and-tax legislation “will help increase American competitiveness, address our climate crisis, lower costs for families, and fight inflation, and should be passed immediately by Congress,” say five former US Treasury secretaries.

  • “The selective presentation by some of the distributional effects of this bill neglects benefits to middle-class families from reducing deficits, from bringing down prescription drug prices, and from more affordable energy,” say Timothy Geithner, Jacob Lew, Henry Paulson, Robert Rubin and Lawrence Summers

--With assistance from Erik Wasson.

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