Senate passes Joe Biden’s climate and health investment plan

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franceinfo

Article written by

C. Guttin, T. Donzel, K. Sullivan den Bergh, A. Le Goff – franceinfo

France Televisions

Joe Biden managed to get his health and climate investment plan passed by the Senate. 430 billion dollars of investments are planned – a sum which could however prove to be insufficient.

After sixteen hours of debate and 18 months of negotiations, the plan to reduce inflation was adopted in the US Senate to applause. It’s a victory for Joe Biden, who managed to get this project through despite the opposition of all Republicans. 430 billion dollars of investment are planned, with an unprecedented budget reserved for the climate in order to reduce greenhouse gas emissions by 2030. To achieve this, no tax, but incentives and credits tax. Thus, 7,500 dollars in aid for Americans who would like to buy an electric car or even 30% support by the government for the installation of solar panels.

On the health side, for the first time, the prices of ten drugs can be renegotiated downwards directly with the laboratories. However, these measures to reduce inflation are likely to be insufficient, according to specialists. Democrats are counting on that plan ahead of the midterm elections scheduled for November.


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