Democrats hope to pass the bill with only a simple majority under a process called “reconciliation,” bypassing a filibuster rule requiring 60 votes in the 100-seat chamber to advance mo…
REUTERS
But they were unable to muster the votes necessary to retain a provision to cap soaring insulin costs at $35 a month on the private health insurance market, which fell outside the reconciliation rules. The proposal failed by three votes, despite support from seven Republicans. Democrats said the legislation would still cap insulin costs for those on Medicare.
Another Republican proposal would have set into law a Trump administration policy stemming from the COVID-19 pandemic that effectively closed down the U.S. asylum system. The Biden administration has been in a legal tussle to replace the “Title 42” policy with what it described as a more humane and orderly system for migrants crossing the southwestern border with Mexico.
This medical part of the wide-ranging bill, negotiated over several months by Democrats, would allow Medicare to begin negotiating in 2026 with the pharmaceutical industry over prices on a limited number of prescription drugs as a way of reducing costs. It also would place a $2,000-per-year cap on out-of-pocket medication costs under a Medicare drug program.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Senate parliamentarian approves most of Democrats' drug planThe Senate's parliamentarian on Saturday gave the green light to most of Democrats' prescription drug pricing plan – including letting Medicare negotiate on the price for prescription drugs and capping out-of-pocket expenses.
Read more »
U.S. Senate Democrats fend off amendments to $430 billion climate and drug billThe U.S. Senate on Sunday repelled attempts to amend a $430 billion measure sought by President Joe Biden, as Democrats forged ahead with their bill to control climate change and cut prescription drug costs for the elderly, while tightening enforcement on tax payments from corporations and the wealthy.
Read more »
Sinema Backs Democrats’ Climate and Tax Bill, Paving Way for Senate PassageSen. Kyrsten Sinema (D-Ariz.) reached a deal with fellow Democrats to support their climate, healthcare and tax bill. See potential bias and similarities in coverage from axios, nytimes and FoxNews: KyrstenSinema InflationReductionAct
Read more »
Senate Democrats avoid COVID-19 testing ahead of key voteSenate Democrats reportedly have an unspoken agreement to avoid testing for COVID-19 because their hopes of passing the Inflation Reduction Act depend on all 50 members being present in the chamber in the days ahead.
Read more »
Senate Democrats clear procedural hurdle on marque tax and spending billSenate Democrats on Saturday cleared a key procedural hurdle on the path toward passing their $740 billion health care, climate, tax and spending package, setting up a significant win for the party after months of tense back-and-forth over the cornerstone bill in President Biden’s long-stalled legislative agenda.
Read more »
Senate begins late-night 'vote-a-rama' as Democrats push sweeping climate, health care billIt’s a rare weekend session for the Senate as Democrats push to pass their ambitious climate, health care and tax spending bill before they leave Capitol Hill for their traditional August recess.
Read more »