President Biden signed Democrats' hallmark spending bill into law on Tuesday, a major legislative victory punctuating a string of bipartisan legislative achievements that Democrats hope to capitalize on ahead of the upcoming midterm elections.
federal clean energy investment in U.S. history, although it falls short of what progressive Democrats and climate activists had originally called for.
Democrats say the bill will lower greenhouse gas emissions by 40%, based on 2005 levels, by the end of the decade, which falls short of Biden'sOn health care, the bill enables the federal health secretary tothe prices of some drugs for Medicare. It also caps out-of-pocket prescription drug costs for people on Medicare at $2,000, effective in 2025.
Democrats had originally wanted to include funding for childcare, universal pre-K and paid family leave — all items that were dropped over the course of negotiations.
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