Cap on Medicare out-of-pocket drug costs, EV tax credits. See what else is in the Manchin-Schumer deal on climate, health care and taxes

The Democrats’ budget reconciliation package, which gained more heft after West Virginia Sen. Joe Manchin agreed to add back several climate and tax provisions, was passed Sunday by the Senat…

Enrollees pay no more than 8.5% of their income toward coverage, down from nearly 10%. And lower-income policyholders receive subsidies that eliminate their premiums completely.

Democrats are hoping to avoid the negative publicity of such premium increases. If Congress doesn’t act, consumers would learn in the fall just how much more they could have to pay. Open enrollment begins on November 1, a week ahead of Election Day.Democrats added a provision to the bill that would cap what Americans pay for insulin at $35 a month in Medicare and the private insurance market.

The bill also contains 10-year consumer tax credits to bring down the cost of heat pumps, rooftop solar, electric HVAC and water heaters. It includes $60 billion of funding for environmental justice communities and for the reduction of legacy pollution. The tax credits will be technology neutral — meaning they won’t favor renewables over fossil fuels outfitted with carbon-reducing measures. However, they are designed to reward those who reduce their emissions the most, according to Senate Finance Chairman Ron Wyden, a Democrat from Oregon.

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