WASHINGTON—A pair of centrist House Democrats are expected to soon release their own proposal for lowering the cost of prescription-drug prices, as the party tries to close internal divisions over a popular plank of its $3.5 trillion social welfare and climate package.
The legislation from Democratic Reps. Scott Peters of California and Kurt Schrader of Oregon takes a narrower approach to a key provision of the broader House Democratic plan, which would allow Medicare to negotiate over the price of prescription drugs.
