![]() ![]() The stakes are stark as Democrats are warily watching governors' races Tuesday in two states - Virginia and New Jersey - that are seen as bellwethers in the political mood of the electorate. House Speaker Nancy Pelosi said privately she expects to wrap up a draft by midday and pave the way for voting as soon as Thursday on the overall package, according to her remarks at a closed-door caucus meeting. Sinema's office issued a statement saying the senator “welcomes a new agreement on a historic, transformative Medicare drug negotiation plan that will reduce out-of-pocket costs for seniors.”ĭemocrats are rushing to overcome party battles and finish a final draft of Biden's big plan. Many of us would have wanted to go much further, but it’s a big step in helping the American people deal with the price of drugs,” Schumer said at the Capitol. Kyrsten Sinema, as the party moves closer to wrapping up negotiations on Biden's big package. He acknowledged it's not as sweeping as Democrats had hoped for, but a compromise struck with one key holdout Democrat, Sen. Senate Majority Leader Chuck Schumer announced the agreement. Democrats reached agreement Tuesday on a deal to lower prescription drug costs for older people, capping out-of-pocket Medicare costs at $2,000 and reducing the price of insulin, salvaging a campaign promise as part of President Joe Biden's $1.75 trillion domestic policy proposal. ![]()
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