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President Biden spoke at Irvine Valley College on Oct, 14, 2022, about his actions to protect and strengthen Medicare and Social Security.... As part of that plan, the federal government will take a first-ever step: negotiating drug prices directly with the manufacturer.... 29, 2023 Updated2: 18 PM PT Facebook Twitter Show more sharing options Share Close extra sharing options Facebook Twitter LinkedIn Email Copy Link URLCopied!...

President Biden spoke at Irvine Valley College on Oct, 14, 2022, about his actions to protect and strengthen Medicare and Social Security.... As part of that plan, the federal government will take a first-ever step: negotiating drug prices directly with the manufacturer.... 29, 2023 Updated2: 18 PM PT Facebook Twitter Show more sharing options Share Close extra sharing options Facebook Twitter LinkedIn Email Copy Link URLCopied!...

For nearly 30 years, U.S. presidents have tried and failed to contain the price of drugs like insulin.... Hell yes, ” said David Mitchell, a cancer patient and the founder of Patients for Affordable Drugs Now, which has tracked at least$ 26.5 million in spending by pharma lobbyists to influence this social spending bill.... Scott Peters( D-Calif.) and a handful of other congressional moderates who opposed liberals’ price-negotiation plan, noting the holdouts received significant drug-industry

President Biden stepped up his battle over drug costs on Thursday, calling on Congress to pass legislation that would let Medicare negotiate directly with pharmaceutical manufacturers and penalize drugmakers that increase prices faster than inflation. Support our journalism.... He said he favors accelerating the development of generic drugs, as the Food and Drug Administration is striving to do. Story continues below advertisement And he reiterated his support for allowing the importation of dr

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Under a deal struck Tuesday with moderates like Sen.... Democrats lost the governor’s office in Virginia on Tuesday and saw the GOP make gains across the country.... If Republicans retake one or both chambers of Congress next year, that party’s leadership — traditionally aligned with the drug industry — could work to slow the drug-price plan’s implementation.“ Am I worried this is going to get rolled back?...

It also marks a major victory for drug makers who have spent millions of dollars lobbying against direct government intervention in pricing." Unless the government steps in and fights the fight for us, we have to fight it.... Phelan M. Ebenhack/ AP, FILE Retiree Donna Weiner shows some of the daily prescription medications that she needs and pays over$ 6, 000 a year through a Medicare prescription drug plan at her home in Longwood, Fla., Oct.... Weiner supports giving Medicare authority to neg

" On my watch, health care should be a right not a privilege in this country." The impact won't be immediately felt, however, as the negotiations will occur this year and next, with the new prices becoming effective in 2026.... Win Mcnamee/ Getty Images President Biden, in a nod to his 2024 reelection message, said taking on Big Pharma is part of his" Bidenomics" vision of building the economy from the middle out and bottom up." We're going to see this through," he said.... Biden, too, critici

The way New Jersey Democrats see it, President Donald Trump and his congressional allies targeted affluent, left-leaning states like theirs to fund Republican priorities such as massive tax cuts.... Donald W. Norcross, one of 12 congressional Democrats from the state who are pushing for tax relief and infrastructure funding.... “ This is about fairness.” Said Sen....