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president biden. will it change how voters are feeling about him these days? the president tours flood-ravaged kentucky today in his first trip in weeks. and the mayor of albuquerque believes the muslim men killed in his city were targeted. the hunt are for the killer is now on. that s what we are watching at this hour. thank you for being here. i m indkate bolduan. a legislative victory that has the potential to redefine the president s legacy and boost his sagging approval ratings less than 100 days out from the midterm elections. the senate passed what they have called the inflation reduction act without a single republican vote. the landmark bill now heads to the house. they are set to vote on it on friday. the bill includes nearly $370 billion to combat the climate crisis, the largest such investment in u.s. history. it also includes significant tax and health policies in there, such as giving medicare the power for the first time to negotiate the prices of cer ....
we do expect their gaveling in as we speak and we do expect to see them at some point in the next many hours to move forward with this democrat s climate and tax and health care bill. we ll see them gavel in and then there will be a vote on a nomination, to get all of the senators here. behind the scenes, because democrats are using this very specific budget process that required all 50 of the democratic senators support but has to go through the senate parliamentarian to make sure it meets the rules and could pass muster to be included in this bill. so the parliamentarian is continuing to rule on this as we speak. she s making her way through yowl of these provisions. just earlier today, we learned that the bulk of what they wanted with medicare being able to negotiate drug prices for the first time is remaining in the bill. the parliamentarian did strike a smaller provision on caps for medicine and the private sector that democrats wanted to put a cap on medication, ....
reduction act, would be the largest investment in energy and climate programs in u.s. history. for the first time it would give medicare the power to negotiate prescription drug prices, cap medicare out-of-pocket costs at $2,000, and extend expiring health care subsidies for three years. but before any of that happens, it must get approval from the senate parliamentarian to proceed with a filibuster-proof reconciliation process, allowing democrats to pass the bill with just 50 votes. cnn s jessica dean is on capitol hill for us. jessica, where does the bill stand right now? reporter: well, now we are sitting around and waiting for it to make its way through this very complex budget procedure that you just kind of outlined there, frederica. but what we are anticipating is that the senate will gavel in in about an hour around noon. from there, they re going to they have to kind of get through all of these procedures. so what we ve learned in the last couple of hour ....
fully vaccinated, but that is only 9.4% of the entire population so obviously miles to go until we reach herd immunity. also potential fallout today from oprah winfrey s interview with prince harry and meghan markle. the couple accusing the royal family of blatant racism, lack of support and yanking their security protection. meghan there even revealing there were conversations, concerns about baby archie s skin color, she says, before he was born. more on the pressure buck hamm palace is now facing, but, first, let s get a update on the stimulus checks with cnn s jessica dean live on capitol hill. jessica, we were expecting the house vote tomorrow. it s been delayed a day. do you know why? reporter: yeah. right now, brooke, our explanation from one senior democratic aide is simply this is a giant bill, and it needs some time to process its way through the system. they are working on getting all that paperwork back over to the house and then it needs to go through the ....
Is a long day and evening and we ll keep an any on it as we move along. eat your wheaties and pace yourself. it is a long day. i hope you have comfortable shoes too. that is a must on capitol hill. a must, yes. very good. and in that live shot earlier, the lady in blue was senator tammy baldwin. we spoke with her last hour, she s leading this process today. all right. so, so far no republicans have expres expressed support for the inflation reduction act even though it includes some provision that s have been very popular with the gop in the past. and it is a big bill and i ll try to go through some of the measures for you. there are a series of tradeoffs in this bill. here are some of the facts about what is in this legislation as it stands. again, jessica mentions there will be motions to make some changes. so for starters, it provides $369 billion for climate and energy spending. that includes consumer tax credits on electric vehicles, ....