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Democrats’ big package: What remains in and what’s out?

KVIA

By LISA MASCARO
AP Congressional Correspondent

WASHINGTON (AP) — The estimated $740 billion economic package from Democrats is nowhere near what President Joe Biden first envisioned with his effort to rebuild America’s public infrastructure and family support systems. It had a price tag of $4 trillion and it stalled in Congress. The slimmer but still substantial compromise package is now on track toward Senate voting this weekend. It’s made up of health care, climate change and deficit reduction strategies, in hopes of tackling inflation and bringing down deficits. A major component is capping out-of-pocket prescription drug costs for seniors in the Medicare program at $2,000 a year.

Article Topic Follows: AP National Business

Associated Press

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