This is now the inflation reduction act, and a nod to the concerns of jo mansion. And it has three main components, health care, climate and energy - and then how to pay for all that? Oa, let's start with health care. What should we understand about what's in this bill related to that? The first piece is something democrats have wanted for years, aimed at lowering the cost of prescription drugs. That is part of how this bill is paid for, with the savings xpected by lower prices. So For the first time, medicare, which is federal health insurance largely for people over the age of 65, will be able to directly negotiate the price of prescription
This weekend, Democrats passed legislation that would make historic investments to fight climate change and lower the cost of prescription drugs — paid for by raising taxes on businesses.
How did the party finally make progress on the bill, and what effects will it have?
Guest: Emily Cochrane, a Washington-based correspondent for The New York Times.
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