Meeks: Senate bill is a 'cake topper' for Democrats
WASHINGTON — On Sunday, Senate Republicans blocked the $35 monthly cap on the cost of insulin in the private market from being included in the Democrats' economic tax and spending package, prompting legislation in Congress. rejected the proposed amendment. A marathon session leading up to what the Democrats want will mark the final passage of the bill. has begun considering more than 30 amendments to the Inflation Reduction Act, a Democratic $700 billion bill aimed at addressing
A $35 monthly cap on insulin, an expensive drug needed to treat diabetes, was proposed in a proposed change to the plan. Seven Republican senators, along with all 50 Democrats, voted to keep the bill's price cap: Bill Cassidy of Louisiana, Susan Collins of Maine, Josh Hawley of Missouri and Mississippi. State's Cindy Hyde Smith, Louisiana's John Kennedy, Alaska's Lisa Markowski, and Dan Sullivan of Alaska.
Still, by a vote of 57 to 43, this provision fails to get the 60 votes needed to abandon the special budget rule and include it in the bill. was. The House passed a similar insulin price cap in April.
Democrats hope to clear the overall legislative package on Sunday, setting the House to temporarily return to Washington this week to approve it. Its passage would mark an important victory ahead of the midterm elections in which President Biden and Congressional Democrats are working to maintain control of Congress. It was the culmination of months of negotiations on the policy plan, and theSenate Majority Leader, who seemed dead at times, was revived late last month with a surprise announcement. An agreement between Chuck Schumer and Senator Joe Manchin, a moderate Democrat of West Virginia.
Democrats hail the plan as an anti-inflationary measure, and he is investing nearly $400 billion in the fight against climate change. The package would allow Medicare to negotiate the price of prescription drugs, extend enhanced health insurance subsidies that were set to expire at the end of the year, and impose a 15% minimum tax on businesses making more than $1 billion annually. can impose.
To promote clean energy, the bill includes tax credits for the purchase of electric vehicles and the manufacture of solar panels and wind turbines. It also offers rebates to consumers who buy energy efficient appliances and he will provide $4 billion in drought relief.
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