Sen. Joe Manchin seemed to squash the idea of any renewed negotiations on a robust spending bill and demanded the act now to rein in , which has soared to 7.5 percent from one year ago. The Labor Department announced the new numbers from January on Thursday, showing a 40-year high and a price increase of 0.6 percent from one month earlier in December. 'It's beyond time for the Federal Reserve to tackle this issue head on, and Congress and the Administration must proceed with caution before adding more fuel to an economy already on fire,' the West Virginia said in a statement.
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