• Biden signs massive climate and health care legislation

    1 month ago - By Bésame

    By ZEKE MILLER and SEUNG MIN KIM
    WASHINGTON - President Joe Biden signed Democrats' landmark climate change and health care bill into law 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 the 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 help an...
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  • What's in big Biden bill? Health, climate goals become law

    1 month ago - By Bésame

    WASHINGTON - President Joe Biden arrived at the White House promising to “build back” America, and legislation he's signing Tuesday delivers a slimmer, though not insignificant, version of that once sweeping idea.
    Approved by the divided Congress, the bill brings the biggest investment ever in the U.S. to fight climate change. Also in the legislation is a $2,000 cap on out-of-pocket prescription drug costs for Medicare recipients as well as a new 15% corporate minimum tax to ensure big businesses pay their share.
    And billions will be left over to pay down federal deficits.
    All told, the...
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