The Hill: Schumer declares victory:
McConnell: Power-sharing deal can proceed after Manchin, Sinema back filibuster
Senate Majority Leader Charles Schumer (D-N.Y.) immediately declared victory.
“We’re glad Senator McConnell threw in the towel and gave up on his ridiculous demand. We look forward to organizing the Senate under Democratic control and start getting big, bold things done for the American people," said Justin Goodman, a spokesman for Schumer.
It does appear the Manchin and Sinema’s insistence that they would protect the fillibuster that is at least the surface reason that McConnell caved. But again, I think there is more to it that we haven’t heard yet. As some have commented below, it’s possible that if the Republicans use the fillibuster to screw with their bills, they’ll kill it.