Senate Majority leader Chuck SchumerAccording to Democrats, Tuesday’s announcement that they had reached an agreement regarding lowering prescription drug costs was a significant breakthrough in one the most difficult disputes of their $1.75 Trillion reconciliation bill.

Schumer (D-N.Y.) said during a press conference that an agreement was reached to lower prescription drugs prices for seniors, families, and individuals in the Build back Better legislation. Fixing the price of prescription drugs has been an ongoing top priority for Americans year after year. This includes both Democrats as well as Republicans.

Senator’s top Democrat said that the plan will give the government authority to regulate some of the most costly drugs on the marketplace and to adjust the Medicare drug benefit to limit out-of pocket costs to seniors to $2,000 per annum.

Senator Kyrsten Sinema from Arizona, a Democrat, praised Tuesday’s compromise in a statement. Party leadership has been struggling to convince a few skeptics in recent weeks to approve critical elements of the $1.75 billion plan. This endorsement marks a major victory.

“The Senator welcomes a new agreement on a historic, transformative Medicare drug negotiation plan that will reduce out-of-pocket costs for seniors – ensuring drug prices cannot rise faster than inflation – save taxpayer dollars, and protect innovation to ensure Arizonans and Americans continue to have access to life-saving medications, and new cures and therapeutics,” her office said in a statement.

Sinema specifically thanked two House Democrats for their assistance in drafting the compromise legislation, Reps. Scott Peters (Calif.) and Kurt Schrader (Ore.). Peters and Schrader opposed earlier this year a plan that would have granted Medicare greater negotiation power.

After House Speaker Nancy Pelosi of California, D-Calif. said her party could come to an agreement “by noon today” and have a vote by the week end on the safety net package, Sinema and Schumer made a series of rosy remarks.

Both the Senate and House will be leaving Washington to go on recess for the remainder of the week, and they’ll return November 15th.

However, Democrats still have much work to do before the Build Back Better legislation is sent to President Joe Biden. Senator Joe Manchin (D-W.Va.) remains skeptical about the bill’s size and clashed over climate and Medicare expansions.