US Senator Manchin: Concerned about consequences of passing $3.5 trillion budget plan

In a statement published on Wednesday, Democratic US Senator Joe Manchin noted that he has serious concerns about the consequences of passing the $3.5 trillion budget plan, as reported by Reuters.

Manchin further argued that a $3.5 trillion in spending would be irresponsible given the fact that the US economy is already recovering.

Market reaction

These remarks don't seem to be having a significant impact on market sentiment. As of writing, the S&P Futures and the Nasdaq Futures were down 0.12% and 0.22%, respectively.