The Senate’s rules expert has approved provisions in a major bill Senate Democrats want to pass soon called the Inflation Reduction Act, according to top Democrats in the body.
Parliamentarian Elizabeth MacDonough ruled that tax incentives for renewable energy and other related provisions can stand, Senate Finance Committee Chairman Ron Wyden (D-Ore.) said.
“I’m especially pleased that our prevailing wage provisions were approved,” Wyden said in a statement. “These provisions guarantee wage rates for clean energy projects. Clean energy jobs will be good-paying jobs.”
Another piece that would enable Medicare to negotiate the price of prescription drugs with pharmaceutical companies was also cleared, according to Senate Majority Leader Chuck Schumer (D-N.Y.)….