September 28, 2022

Rocky Daily News

Colorado Politics-Sports-Business-Weather

Biden to sign Inflation Reduction Act

1 min read

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The bill includes the biggest investment ever to fight climate change, caps prescription costs for Medicare recipients and helps millions pay for health insurance.

KIAWAH ISLAND, S.C. — President Joe Biden will sign Democrats’ landmark climate change and health care bill on Tuesday, delivering what he has called the “final piece” of his pared-down domestic agenda, as he aims to boost his party’s standing with voters less than three months before midterm elections.

The legislation includes the most substantial federal investment in history to fight climate change — some $375 billion over the decade — and would cap prescription drug costs at $2,000 out-of-pocket annually for Medicare recipients. It also would…



2022-08-15 22:46:27

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