medicaid. many medicare patients are also covered by it, it filled in gaps. but also by seniors themselves because medicare part b still has a 20% copay. so for many of those seniors getting this treatment, they would also be paying $11,000 or more out of pocket every year. unless there s some kind of a discount taken to relieve them of the price or of the burden. so the cost of this are absolutely enormous. but this also has to be weighed against the fact that for many alzheimer s patients, this is the first hope they have had, you know, in decades. there s never been a drug approved that even promises to do this, to slow the progression of the disease. that s gets into the next issue, which is there are serious questions about whether it does do that. first, just to give a sense of this, kaiser family foundation estimates 1 million medicare beneficiaries got this drug, which may be low end, spending on the one drug alone would exceed $57 billion. surpassing spending on all other pa
work continues at home and on capitol hill on the infrastructure plan. this bipartisan group of ten senators last night announced they have a framework for a deal that maybe, they hope, could appeal to democrats and republicans. let s bring in cnn senior political analyst mark. talk to me about what we know is in this deal. what we do know is five democrats and five republicans have come together. as you said, $578 billion in new spending. it will cost $957 billion over five years, $1.2 trillion over eight years, no tax increases. he cut it down to 1.7 and now we re looking down at 1.2. so it s nowhere near where the white house wants it. and to be clear, we don t
think we need an infrastructure bill. i think, what is it, about $800 billion. i m trying to remember all the numbers for the infrastructure back and forth that s going on. i don t know if mcconnell knows that it is 50-50 right now. but, again, with 60 votes needed to allow this, if they want a filibuster, this is a tough row to hoe for the democrats. listening to jim, it s a little different than 2009 because of the even split in the senate and the majority in the house. biden initially offered $2.25 trillion for infrastructure. republicans offered a $1 trillion bill but only $257 billion would be new spending. the rest would be made of mostly re-proposed covid repurposed, excuse me, covid relief funds. biden thaen offered a $1.7 trillion counteroffer. then republicans increased their
of not getting rid of the filibuster and being adamant about cooperation and negotiations with republicans. laura? all right. daniella, thanks so much. as for the infrastructure plan itself, just how far apart are president biden and the gop? cnn s jasmine wright live in washington. i know that the president is hinting that he could be movable on the size of an infrastructure package and key here how to get corporate america to pay for t but they are still very far apart. reporter: that s right, christine. in fact, they are billions of dollars apart and that s after weeks and weeks of negotiation. now, we know that president biden and senator caputo are expected to talk today and the gop are expected to come back with another proposal. their latest proposal had about $928 billion in it but only $257 billion of new spending. they wanted to repurpose money passed in that march covid relief bill and the white house said huh-uh we don t want to do that. we don t want to repurpose tha
president biden is trying to narrow that gap, but it is pretty wide this morning. he s signaling he wants to keep bipartisan talks alive. that s why he s holding another conversation today at the white house. let s take a look at exactly what the issue is, how to pay for all of this. the president you ll see these strike-through lines. this is what he started with. $2.25 trillion. he s cut that down to a trillion. that s nearly half of his original proposal. that s a big concession, root? on the republican side, they started at $600 billion. they raised it to $928 billion. this is the new sticking point. only a small part of the republican plan, $257 billion, that s the new spending, but this is the biggest thing that happened this week. this is the biggest sign that the president wants to concede, try to work with republicans, this right here. corporate tax rate, that was the red line. president trump s 2017 tax cut.