Senate Majority Leader Chuck Schumer is expected to submit text of a Medicare prescription drug proposal to the Senate parliamentarian in a step toward a larger bill.
A summary of the proposed bill says it affects drug prices "by incentivizing manufacturers and insurers to keep drug prices down, and puts them on the hook for higher drug prices and spending." It will also include free vaccines for senior citizens and increased money to help pay premiums and co-pays for low-income Americans.
While Schumer may be making progress on that front, however, that does not mean that Democrats will necessarily be able to revive and pass President Joe Biden's Build Back Better Act, or even a smaller-scale version of it. The Senate leader and Manchin are still discussing other parts of the package like climate change and tax reform, Punchbowl reported.