US Senator Manchin: $1.5 trillion for spending bill is more than fair

Democratic US Senator Joe Manchin said on Tuesday he thinks that a $1.5 trillion for spending bill is "more than fair," as reported by Reuters.

Manchin further added that he doesn't know if the domestic investment bill will rise above the $1.5 trillion he wants.

Commenting on the Senate filibuster rule, Manchin noted that the debt limit increase should be decided by the US President with Congress having the power to override it.

Market reaction

These comments don't seem to be having a noticeable impact on the dollar's market valuation. As of writing, the US Dollar Index was unchanged on the day at 93.81.