this legislation provides $369 billion in new climate spending, which the white house says should help cut u.s. green there s house emissions by half by the end of this decade. the bill includes new initiatives on corporate taxes and drug price controls. now, if it becomes law, it will join a host of major legislative achievements for the president ahead of the midterms, including bipartisan investment in the country s infrastructure and manufacturing sectors. cnn joe johns is in eastern kentucky following the president. joe, what should we expect to hear from the president? reporter: well, you know, he is here, victor, in his role as consoler in chief, but if his previous remarks today were any indication, he s also promising that the government is going to stick around and help the people of eastern kentucky see this through to the other side. they ve got quite a lot of work to do. the president is now expected to get a tour of some of the damage that we saw here in easte
manchin earlier back in july, but now we do have this bill that has passed the senate. it is headed to the house. it has the biggest investment in climate ever to come out of congress and $369 billion. it also has a host of health care provisions in it, including expanding those affordable care act subsidies. for the first time ever, medicare will negotiate the price of some drugs that s going to cap out of pocket expenses at $2,000 for people on medicare, and also going to limit the cost of insulin, which is a popular drug that a lot of americans on medicare use for anybody on medicare, it s going to cap that at $35 a month, and puts in new tax provisions as well. chief among them, a 15% minimum tax on some of the largest corporations in america. that s a little bit of what s in the bill. it does go to the house where we are expecting it to pass and go to president biden s desk. victor, you alluded to this. it is really the latest in a string of victories for president bid