Democrats passed a major climate, health and tax bill. Here's what's in it
NPRDemocrats passed a major climate, health and tax bill. Here's what's in it Enlarge this image toggle caption Chip Somodevilla/Getty Images Chip Somodevilla/Getty Images The House gave final congressional approval on Friday to a spending bill which would attempt to tackle climate change, the high cost of prescription drugs and lower the deficit by roughly $300 billion. House Speaker Nancy Pelosi, D-Calif., called it a "glorious day," adding, "We sent to the president's desk a monumental bill that will be truly for the people." The parliamentarian also ruled that a measure that was in the bill to force drug companies to offer rebates if prescription prices outpaced inflation was not totally in line with the rules for budget reconciliation; she said that it could apply to Medicare patients but not those with private insurers. There's also a three-year extension on healthcare subsidies in the Affordable Care Act originally passed in a pandemic relief bill last year, estimated by the government to have kept premiums at $10 per month or lower for the vast majority of people covered through the federal health insurance exchange.
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