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Republicans BLOCK Price Cap on Insulin for Millions of Americans with Private Insurance

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Republicans stripped out a provision to cap insulin costs at $35 for private insurers from the Inflation Reduction Act. Ana Kasparian discusses on The Young Turks. Watch LIVE weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live

Read more HERE: https://www.cbsnews.com/news/insulin-price-cap-senate-republicans-block-inflation-reduction-act/

"Senate Republicans on Sunday blocked a $35 monthly cap on the cost of insulin in the private market from being included in Democrats' economic tax and spending package, voting down an amendment to the measure during a marathon session leading up to what Democrats hope will be final passage of the bill.

The Senate on Saturday night began consideration of more than 30 amendments to the Inflation Reduction Act, Democrats' $700 billion legislation that aims to combat climate change, raise taxes on large corporations and address rising health care costs.

Amid the proposed changes to the plan was to set the $35 per month cap on insulin, the pricy medication needed to treat diabetes. Seven Republican senators voted with all 50 Democrats to keep the price ceiling in the legislation: Bill Cassidy of Louisiana, Susan Collins of Maine, Josh Hawley of Missouri, Cindy Hyde Smith of Mississippi, John Kennedy of Louisiana, Lisa Murkowski of Alaska and Dan Sullivan of Alaska."

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220808__TA02
Category
Europe
Tags
220808__TA02_Repubs_Block_Cap_On_Insulin, News, Politics
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