Biden continues his pledge for Medicare drug price negotiations in State of the Union speech
President Joe Biden is not backing down on advocating for Medicare to negotiate drug prices. In his first State of the Union on Tuesday evening, which in addition took Russia to task over its invasion of Ukraine, Biden revealed that cutting pharmaceutical prices is chief among the priorities of his domestic agenda.
Biden and congressional Democrats crafted wide-ranging drug pricing provisions, including allowing Medicare to negotiate for the first time, in the Build Back Better Act. But that bill and its parts now appear dead, largely thanks to Sen. Joe Manchin (D-WV), who balked at some of the non-drug-related provisions.
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