Clarification: Congress-Budget story

Jul 29, 2022, 7:28 PM | Updated: Aug 1, 2022, 9:39 am
FILE - People walk outside the U.S Capitol building in Washington, June 9, 2022. A Democratic econo...

FILE - People walk outside the U.S Capitol building in Washington, June 9, 2022. A Democratic economic package focused on climate and health care faces hurdles but seems headed toward party-line passage by Congress next month. Approval would let President Joe Biden and his party claim a triumph on top priorities just as November’s elections approach. . (AP Photo/Patrick Semansky, File)

(AP Photo/Patrick Semansky, File)

              FILE - Insulin is displayed at Pucci's Pharmacy in Sacramento, Calif., July 8, 2022. Senate Majority Leader Chuck Schumer, D-N.Y. said this week that Democrats planned to add language to the economic package focused on climate and health care that will be aimed at reducing patients' costs of insulin, the diabetes drug that can cost hundreds of dollars monthly. (AP Photo/Rich Pedroncelli, File)
            
              FILE - Senate Majority Leader Chuck Schumer, D-N.Y., speaks to reporters at the Capitol in Washington, July 26, 2022. A Democratic economic package focused on climate and health care faces hurdles but seems headed toward party-line passage by Congress next month. Schumer crafted a compromise package with Sen. Joe Manchin, D-W.Va., to the surprise of everyone, transforming the West Virginian from pariah to partner. (AP Photo/J. Scott Applewhite, File)
            
              FILE - Sen. Joe Manchin, D-W.Va., departs as the Senate breaks for the Memorial Day recess, at the Capitol in Washington, May 26, 2022. A Democratic economic package focused on climate and health care faces hurdles but seems headed toward party-line passage by Congress next month.  Senate Majority Leader Chuck Schumer, D-N.Y., crafted a compromise package with Manchin, to the surprise of everyone, transforming the West Virginian from pariah to partner. (AP Photo/J. Scott Applewhite, File)
            
              FILE - People walk outside the U.S Capitol building in Washington, June 9, 2022. A Democratic economic package focused on climate and health care faces hurdles but seems headed toward party-line passage by Congress next month. Approval would let President Joe Biden and his party claim a triumph on top priorities just as November’s elections approach. . (AP Photo/Patrick Semansky, File)

WASHINGTON (AP) — In a story published July 30, 2022, The Associated Press reported that the Congressional Budget Office estimated that an insulin bill would increase the price of the drug. The story should have made clear that CBO said the measure would reduce insulin costs for many consumers, but would drive up government costs and premiums charged by Medicare and private insurers.

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Clarification: Congress-Budget story