Dems’ climate, energy, tax bill clears initial Senate hurdle

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The Senate parliamentarian on Saturday dealt a blow to Democrats’ plan for curbing drug prices but left the rest of their sprawling economic bill largely intact.

By ALAN FRAM and FARNOUSH AMIRI

“The time is now to move forward with a big, bold package for the American people,” said Senate Majority Leader Chuck Schumer, D-N.Y. “This historic bill will reduce inflation, lower costs, fight climate change. It’s time to move this nation forward.” Before reaching final passage, senators plodded through a nonstop pile of amendments called a “vote-a-rama” that seemed certain to last hours.

MacDonough said Democrats violated Senate budget rules with language imposing hefty penalties on pharmaceutical companies that boost prices beyond inflation for drugs sold in the private insurance market. Those were the bill’s chief drug pricing protections for the roughly 180 million people whose health coverage comes from private insurance, either through work or bought on their own.

 

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Sooo... the people who cried that instead of buying Twitter, Elon Musk could 'solve world hunger' with $44 billion... are completely silent now that Democrats voted to spend $80 billion to expand the IRS... got it.

You just know republican ads will highlight how they’re “fighting” to lower prescription costs right after they fought for higher prescription costs. And que pharma ads that try to convince us negotiating drug prices is a bad thing. Democrats help. Republicans obstruct.

More inflation is on the way as Democrats only know how to do one thing. Spend money they don’t have.

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