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Democrats are set to blow through the soft Memorial Day deadline for reaching a deal with Sen. Joe Manchin (D-W.Va.) on a slimmed-down budget reconciliation bill to raise taxes, fight climate change and lower the cost of prescription drugs.  

Senate Democratic sources say there’s no chance of getting a deal this week but they argue that doesn’t necessarily mean the negotiations over a long-awaited budget reconciliation package are doomed. 

Some optimistic Democratic aides note that neither Senate Majority Leader Charles Schumer (D-N.Y.) nor Manchin has identified the Memorial Day recess as a drop-dead deadline.  

Instead, Democrats are once again pushing back the target date for getting a deal with Manchin. They now point to the start of the August recess as the new deadline, arguing that gives them most of August to draft legislation and the month of September to pass it on the floor.  

Such a timetable seems difficult, to say the least.

Passing major legislation in September of an election year is extremely difficult, and high inflation has been the main reason for Manchin’s opposition to the package. The nation’s concerns about inflation have only grown in recent weeks.

Pushing the deadline back, however, shows that some Democrats are refusing to publicly...

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