US Senate Democrats on Saturday were due to push a bill that would address a key element of President Joe Biden’s agenda.

Senate rulemakers ruled that most of the $430 billion bill could only be passed by a simple majority, bypassing the filibuster rule requiring 60 votes in a 100-seat Congress to pass most bills and allowed the Democrats to pass it despite Republican opposition. Leader Chuck Schumer said in a statement.

Democrats hope the bill will boost candidates in the November 8 midterm elections.

“Democrats have received very good news,” Schumer said in a statement. “Medicare will finally be allowed to negotiate drug prices … This is a big win for the American people.”

Medicare is the government’s health insurance program for people over the age of 65.

The bill has three main parts. Minimum 15% tax on corporations, stronger IRS, new excise tax on stock buybacks. The legislation generated $430 billion in new spending and over $740 billion in new revenue.

In addition to billions of dollars to encourage the production and purchase of more electric vehicles and to promote clean energy, the bill sets out $4 billion for a new federal drought relief fund. A move that could help the re-election campaigns of Democratic Senators of Cortez Mast and Mark Kelly of Arizona.

Republicans have promised to do everything they can to block or block the bill, and Sen. Lindsey Graham called the bill on Friday “this jihad they tax and spend.”

Democrats have sought to push the bill through the Senate using an arcane and complex “reconciliation” procedure, allowing it to pass without Republican support in a 50-50 split chamber, and the vice president. Democrats rule because Kamala Harris can. Have a tie vote.

If one provision was removed from the bill, drug companies would have been forced to pay back both government and private health care plans if drug prices rose faster than inflation. A Senate arbitrator, known as a member of Congress, ruled that the measure was not applicable to private industry.

Saturday kicks off an arduous process that could continue into early next week, with senators pitching amendment after amendment in a time-consuming “vote.”

Left-wing senators such as Bernie Sanders are likely to try to expand the scope of the bill to include new programs such as federal subsidies for childcare and home health care for the elderly. It suggests a number of amendments to address another issue, cross-border immigration.

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