The Latest Breaking News from Medicare

Inflation Reduction Act will reduce planet-heating emissions and lower prescription drug costs – and give Biden a crucial victory. Plus, meet Casper the ghostly octopus

In a statement after the Senate passed the roughly $700 billion bill, the president said "doing the important thing almost always" requires compromises.

Estimated $430bn economic package aims to slow climate change, control medicine costs, and raise corporate taxes.

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

WASHINGTON — President Joe Biden and Senate Majority Leader Chuck Schumer are the biggest winners now that a huge piece of Democrats’ economic agenda is hurtling toward enactment.

WASHINGTON — After a year of negotiations, impasses and political maneuvering, the Senate passed Democrats’ top domestic priority: an economic package that would pump hundreds of billions of dollars into clean energy programs, raise taxes on corporations and lower health care costs.

WASHINGTON — Senate Democrats on Sunday passed a sweeping health care, tax and climate change bill that will allow Medicare to negotiate prescription drug costs — a significant political win as the party tries to send a message before the midterm election that it is delivering on its promises.

The estimated $740 billion package heads next to the House, where lawmakers are poised to deliver on Biden’s priorities.

The legislation – which would be the largest investment yet in combating the climate crisis – now heads to the House of Representatives.

Inflation Reduction Act will reduce planet-heating emissions and lower prescription drug costs – and give Biden a crucial victory

The $35 price cap on insulin was removed by GOP senators for users of private insurance, but remains for Medicare