News from Washington House Approves Sweeping Climate, Tax, Health Care Package House Democrats passed their sweeping tax, climate and health care bill on August 12, sending the $740 billion legislation to President Biden’s desk and securing a significant victory for Democrats less than three months before the midterm elections. House passage came four days after […]
News from Washington Senate Passes Sweeping Tax, Climate Package After Marathon Vote; Harris Breaks Tie Senate Democrats have passed their sweeping tax, health care and climate change legislation after a marathon night of voting, with Vice President Harris casting the decisive vote to break a 50-50 deadlock and send the package to the House. The long-awaited […]
News from Washington Manchin, Schumer Announce Slimmed-Down Deal on Climate, Taxes, Health Senate Majority Leader Charles Schumer (D-NY) and centrist Sen. Joe Manchin (D-WV) struck a climate, health and tax package deal, weeks after Manchin seemingly had scuttled any chance of an agreement. The deal will be part of the budget reconciliation package that Senate […]
News from Washington Democrats’ Policy Package to Include Prescription Drug Cost Controls and Obamacare Fix Senate Majority Leader Chuck Schumer (D-NY) said that prescription drug cost controls and an Obamacare fix are the components Democrats will seek in a fast-track domestic policy bill. Democrats are seeking to keep in place increased financial assistance for people […]
News from Washington Democrats Push Reconciliation as Tool to Fight Inflation Some Democrats are arguing that a revival of President Biden’s legislative agenda, parts of which aim to raise taxes on some high-income individuals and cut prescription drug costs, could help address the highest inflation in decades. But the figures drew swift a response from […]
News from Washington Schumer Making Last-Ditch Bid to Pass Reconciliation Bill This Summer Senate Majority Leader Charles Schumer (D-NY) is making a last-ditch effort to pass a budget reconciliation bill during the July and early August work period. Schumer and centrist Sen. Joe Manchin (D-WV) have made progress on proposals to lower the cost of prescription […]
News from Washington Democrats Forge Ahead on Drug Pricing, Eyeing Wider Deal with Manchin Democratic leaders have finalized a revised proposal to lower prescription drug prices for seniors, part of a broader scramble to satisfy Sen. Joe Manchin (D-WV) and resurrect a long-stalled economic package that they hope to advance as soon as this summer. […]
News from Washington Bipartisan Pair of Senators Unveils Bill to Lower Insulin Costs Sens. Jeanne Shaheen (D-NH) and Susan Collins (R-ME) unveiled legislation aimed at lowering the cost of insulin, seeking a bipartisan breakthrough on one of the highest-profile examples of high drug prices challenging patients. The legislation would cap patients’ out of pocket costs for […]
News from Washington Democrats Face Congressional Rout Amid Historically Terrible Headwinds Democrats knew the first midterm election of President Biden’s tenure in office would be a challenge. But the cascade of catastrophe has even the most optimistic Democratic Party strategists and pollsters staring into an unprecedented abyss. Their standing, about five months before voters head […]
News from Washington Inflation Rises 8.6%, the Fastest Pace in Over 40 Years A key gauge of inflation accelerated by 8.6% from a year earlier in May, the government said June 10, a big leap from the previous month as costs for food and gasoline continued to surge. Higher prices showed few signs of relief […]