Was The Democratic 'Inflation Reduction Act' Bill a Sham?
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Was The Democratic 'Inflation Reduction Act' Bill a Sham?
Democrats are celebrating the passage of a bill that replaced BBB. And it's full of compromises that make it more of a piece of legislation intended to used to run on in the Fall.
Last edited by Admin on Sun Aug 07, 2022 7:53 pm; edited 1 time in total
Re: Was The Democratic 'Inflation Reduction Act' Bill a Sham?
Democrats failed to pass provision that would have capped insulin costs. So how can celebrate? This is a major failure.
Re: Was The Democratic 'Inflation Reduction Act' Bill a Sham?
Democrats fail to overrule parliamentarian on insulin price cap as GOP votes no
Senate Democrats fell short of an effort Sunday to overrule a decision by the parliamentarian that effectively struck down a proposal sponsored by Sen. Raphael Warnock (D-Ga.) to cap out-of-pocket insulin costs at $35 a month for people not covered by Medicare.
Sen. Lindsey Graham (R-S.C.), the ranking member of the Budget Committee, sought to enforce the parliamentarian’s ruling that Warnock’s cap on insulin prices violated the Byrd Rule because it would set prices in the commercial market and therefore couldn’t pass with a simple majority vote.
...The vote on Sunday comes a day after another provision was struck from the bill that sought to lower drug prices by targeting drug companies with price increases that outpaced the rate of inflation.
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