"The passage of the bill, which appeared dead just weeks ago, caps a Democratic effort to deliver on major components of President Biden’s agenda."
"WASHINGTON — Congress gave final approval on Friday to legislation that would reduce the cost of prescription drugs and pour billions of dollars into the effort to slow global warming, as House Democrats overcame united Republican opposition to deliver on key components of President Biden’s domestic agenda.
With a party-line vote of 220 to 207, the House agreed to the single largest federal investment in the fight against climate change and the most substantial changes to national health care policy since passage of the Affordable Care Act. The bill now goes to Mr. Biden for his signature.
The legislation would inject more than $370 billion into climate and energy programs aimed at helping the United States cut greenhouse gas emissions by an estimated 40 percent below 2005 levels by the end of the decade. It would also extend for three years subsidies to help people afford insurance under the Affordable Care Act, as well as fulfill a long-held Democratic goal to lower the cost of prescription drugs by allowing Medicare to directly negotiate prices and capping recipients’ annual out-of-pocket drug costs."
Emily Cochrane reports for the New York Times August 12, 2022.
SEE ALSO:
"As Historic Climate Bill Heads to Biden’s Desk, Young Activists Demand More" (New York Times)
"House Passes Landmark Climate Bill, Sending It To Biden" (E&E News)
"A Detailed Picture of What’s in the Democrats’ Climate and Health Bill" (New York Times)
"Can Biden's Climate Bill Undo the Fossil Fuel Industry's Decades of Harm?" (Guardian)
"States Will Decide How Much Democrats’ Historic Climate Deal Actually Cuts Emissions" (HuffPost)
"US Climate Bill Keeps Hope Alive for Halting Warming at 1.5°C" (Bloomberg Green)
"Federal Permitting Set for Billion-Dollar Boost in Climate Bill" (Bloomberg Environment)
"The Surprising Political Shifts That Led To The Climate Bill’s Passage" (Washington Post)
Advertisement 
