Senate Democratic reconciliation talks revived amid Manchin agreement on drug pricing

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Reconciliation talks have been revived among Senate Democrats for a significantly scaled-back version of President Joe Biden’s sweeping social welfare and green energy bill that might win the support of all Democrats in the chamber.

Senate Democrats have reportedly reached a deal with Sen. Joe Manchin on a drug pricing measure that would allow Medicare to negotiate prescription drug costs, and the text of that provision is under review by the parliamentarian.

After months of negotiations and a larger House-passed version of the bill, Manchin said shortly before Christmas that he would not vote for the $2.4 trillion social welfare and green energy bill, arguing its price tag was too high. Manchin’s position frustrated Democratic leadership, who had already trimmed the bill in an attempt to negotiate with him, and sparked the wrath of progressives who thought the bill should have been larger.

But with the midterm elections looming, congressional Democrats are running out of opportunities for legislative victories as the window to pass some of their remaining policy goals closes.

Source: Energy Industry News (energyindustrynews.net)

 

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