Goldman Sachs downgraded the country’s quarterly GDP projections for 2022, as Sen. Joe Manchin (D-W.Va.) confirmed his stance in rejecting the Build Back Better package, a move that could derail President Joe Biden’s $1.75-trillion bill. Failure to pass the bill would result in lower economic growth, according to analysts at the Wall Street firm. “We had already expected a negative fiscal impulse for 2022 as a result of the fading support from COVID-relief legislation enacted in 2020 and 2021, and without BBB enactment, this fiscal impulse will become somewhat more negative than we had expected,” Goldman Sachs analyst Jan Hatzius wrote in a note on Sunday. The note said that GDP growth projection for Q1 2022 will be trimmed from three to two percent, from 3.5 in the second quarter to three percent, and from three percent in the third quarter to 2.75. Manchin said his resolute “no” on the …