Home Depot co-founder Ken Langone, author of I Love Capitalism!, said of the Democratic senator: ‘Thank God for Joe Manchin’

The Build Back Better plan sought to boost health and social care, and to help combat the climate crisis, at a price tag of $1.75tn.

Manchin, one of two key swing votes in the 50-50 Senate, used a Fox News Sunday interview in December to say he was finally a “no” on the legislation. The move appeared to surprise Biden, and enraged progressives, but Ken Langone was presumably delighted.

The co-founder of Home Depot and author of a 2018 book called I Love Capitalism! had signaled his support for Manchin before the senator made his move on Build Back Better.

“I don’t see leadership any place in this country. Thank God for Joe Manchin,” Langone told CNBC in November. “I’m going to have one of the biggest fundraisers I’ve ever had for him. He’s special. He’s precious. He’s a great American.”

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