President Biden’s Inflation Reduction Act allows Medicare to negotiate some drug prices, a change that the pharmaceutical industry and Republicans have opposed for decades.
Tag: Inflation Reduction Act of 2022
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Eliquis and Jardiance Among First Drugs Picked for Medicare Price Negotiations
The Biden administration’s announcement was an important moment for Democrats, who have campaigned on a promise to lower the cost of prescription drugs.
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Labor Groups Target Hyundai — and Biden — Over Transition to Electric
A coalition of unions and civic groups is pushing one of the world’s largest automakers to protect and train workers in return for federal money under President Biden’s signature laws.
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Biden Celebrates Inflation Reduction Act’s Effects on Law’s First Anniversary
The anniversary of the Inflation Reduction Act happened to coincide with a significant decrease in the inflation rate, but the law was really about priorities like clean energy, drug prices and corporate taxes.