President Joe Biden hands the pen he used to sign the Democrats' landmark climate change and health care bill to Sen. Joe Manchin, D-W.Va., in the State Dining Room of the White House in Washington, Tuesday, Aug. 16, 2022. (AP Photo/Susan Walsh)
WASHINGTON (AP) — President Joe Biden has signed Democrats’ landmark climate change and health care bill.
It’s the “final piece” of the president’s pared-down domestic agenda as he aims to boost his party’s standing with voters ahead of midterm elections. Biden says, “The American people won, and the special interests lost.”
The legislation includes the biggest federal investment ever to fight climate change — some $375 billion over a decade. It also caps prescription drug costs at $2,000 out-of-pocket annually for Medicare recipients, and helps an estimated 13 million Americans pay for health care insurance by extending subsidies provided during the coronavirus pandemic.
— Copyright 2022 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
