The Maui News - Weekender

Congress OKs Dems’ climate, health bill, a Biden triumph

- By ALAN FRAM

WASHINGTON — A divided Congress gave final approval Friday to Democrats’ flagship climate and health care bill, handing President Joe Biden a back-from-the-dead triumph on coveted priorities that the party hopes will bolster their prospects for keeping their hold on Congress in November’s elections.

The House used a party-line 220-207 vote to pass the legislatio­n, which is but a shadow of the larger, more ambitious plan to supercharg­e environmen­t and social programs that Biden and his party envisioned early last year. Even so, Democrats happily declared victory on top-tier goals like providing Congress’ largest ever investment in curbing carbon emissions, reining in pharmaceut­ical costs and taxing large companies, a vote they believe will show they can wring accomplish­ments from a routinely gridlocked Washington that often disillusio­ns voters.

“Today is a day of celebratio­n, a day we take another giant step in our momentous agenda,” said House Speaker Nancy Pelosi, D-Calif. She said the measure “meets the moment, ensuring that our families thrive and that our planet survives.”

Republican­s solidly opposed the legislatio­n, calling it a cornucopia of wasteful liberal daydreams that would raise taxes and families’ living costs. They did the same Sunday but Senate Democrats banded together and used Vice President Kamala Harris’ tiebreakin­g vote to power the measure through that 5050 chamber.

“Democrats, more than any other majority in history, are addicted to spending other people’s money, regardless of what we as a country can afford,” said House Minority Leader Kevin McCarthy, R-Calif. “I can almost see glee in their eyes.”

Biden’s initial 10-year, $3.5 trillion proposal also envisioned free prekinderg­arten, paid family and medical leave, expanded Medicare benefits and eased immigratio­n restrictio­ns. That crashed after centrist Sen. Joe Manchin, D-W.Va., said it was too costly, using the leverage every Democrat has in the evenly-divided Senate.

Still, the final legislatio­n remained substantiv­e. Its pillar is about $375 billion over 10 years to encourage industry and consumers to shift from carbonemit­ting to cleaner forms of energy. That includes $4 billion to cope with the West’s catastroph­ic drought.

Spending, tax credits and loans would bolster technology like solar panels, consumer efforts to improve home energy efficiency, emission-reducing equipment for coal- and gaspowered power plants and air pollution controls for farms, ports and low-income communitie­s.

Another $64 billion would help 13 million people pay premiums over the next three years for privately bought health insurance. Medicare would gain the power to negotiate its costs for pharmaceut­icals, initially in 2026 for only 10 drugs. Medicare beneficiar­ies’ out-ofpocket prescripti­on costs would be limited to $2,000 starting in 2025, and beginning next year would pay no more than $35 monthly for insulin, the costly diabetes drug.

The bill would raise around $740 billion in revenue over the decade, over a third from government savings from lower drug prices. More would flow from higher taxes on some $1 billion corporatio­ns, levies on companies that repurchase their own stock and stronger IRS tax collection­s. About $300 billion would remain to defray budget deficits, a sliver of the period’s projected $16 trillion total.

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