Republican senators on Sunday removed a $35 insulin cap for patients with private insurance plans from Democrats' $740 billion tax and climate spending bill that the party will soon pass along party lines.
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Republicans block cap on millions of patients’ insulin costsRepublican lawmakers on Sunday successfully stripped a $35 price cap on the cost of insulin for many patients from the ambitious legislative package Democrats are moving through Congress this weekend, invoking arcane Senate rules to jettison the measure.
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Who will pay for the balance of capping insulin prices? Everyone else.The cost of insulin is difficult to cap but Democrats are attempting to lower the price through their social spending bill set to raise $739 billion in tax revenues.
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Democrats clear first hurdle on healthcare, tax and climate billSenate Democrats on Saturday advanced their long-delayed healthcare, tax and climate bill following months of back-and-forth on whether the party would be able to pass major legislation addressing …
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EXPLAINER: Why is insulin so expensive and difficult to cap?Reining in the soaring prices of insulin has thus far been elusive in Congress, although Democrats say they’ll try again — as part of their economic package that focuses on health and climate.
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Sinema says she will move forward with Senate Democrats' climate, health and tax billDemocratic Sen. Kyrsten Sinema announced she will 'move forward' with Democrats' massive climate, prescription drug and spending bill after Democrats removed a portion of the bill narrowing the carried interest tax loophole and made other changes.
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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
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