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The Latest Breaking News from Prescription Drug

Biden signs landmark health, climate and tax bill into law

The legislation includes some $375 billion over the decade — and would cap prescription drug costs at $2,000 out-of-pocket annually for Medicare recipients

The Hindu

Biden signs Democrats' $740 billion tax, climate and health care bill into law

The Inflation Reduction Act includes provisions that increase taxes on large corporations and lower prescription drug costs.

Axios

Here’s what is included in the monster climate and tax deal passed by Democrats

Tons of money for renewable energy, lease sales for drilling in Alaska and the Gulf of Mexico and prescription drug pricing

The Independent UK

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Editorial: The Inflation Reduction Act is key: In praise of its sweeping investments and deficit reduction

One of the most important features of the Inflation Reduction Act — which makes massive investments in renewable energy to curb climate change, drives down prescription drug costs and more — is what it is not: an irresponsible spending spree pushing up the federal deficit.

Tribune News Service

OLD House Democrats pass climate and health care bill on party-line vote, sending it to Joe Biden’s desk

Bill focuses on combating climate change, lowering the cost of prescription drugs and continues subsidies for health insurance

The Independent UK

House Democrats pass climate and health care bill on party-line vote, sending it to Joe Biden’s desk

Bill focuses on combating climate change, lowering the cost of prescription drugs and continues subsidies for health insurance

The Independent UK

Can Medicare negotiate the price of prescription drugs?

The ten most expensive drugs covered by Medicare are responsible for about a fifth of total Medicare drug spending.

USAFacts

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Editorial: In the Inflation Reduction Act, a much-needed step toward lowering prescription drug costs

It's become tiresome to see progressive politicians act like a pouting teenager who seems to think it's a sin to ever admit satisfaction with anything. Their lukewarm reaction to Senate passage of the admittedly ill-named Inflation Reduction Act won't help energize the voters Democrats need to avoid conservatives regaining Congress…

The Philadelphia Inquirer

Editorial: History will judge us on action (and inaction) on climate

On Friday, the U.S. House of Representatives is scheduled to cap off what has been a very good week for President Joe Biden with passage of the Inflation Reduction Act, legislation that is expected to lower prescription drug costs and raise corporate taxes while helping fight rising consumer prices.

Tribune News Service

First Thing: Senate passes $739bn healthcare and climate bill

Inflation Reduction Act will reduce planet-heating emissions and lower prescription drug costs – and give Biden a crucial victory. Plus, meet Casper the ghostly octopus

The Guardian - UK

Senate Democrats pass sweeping health care, tax and climate bill

WASHINGTON — Senate Democrats on Sunday passed a sweeping health care, tax and climate change bill that will allow Medicare to negotiate prescription drug costs — a significant political win as the party tries to send a message before the midterm election that it is delivering on its promises.

Los Angeles Times

Senate Democrats pass bill that tackles climate crisis and lowers prescription drug prices

The legislation – which would be the largest investment yet in combating the climate crisis – now heads to the House of Representatives.

The Independent UK

US Senate passes $739bn healthcare and climate bill after months of wrangling

Inflation Reduction Act will reduce planet-heating emissions and lower prescription drug costs – and give Biden a crucial victory

The Guardian - US

Drug price bill pruned in Senate in partial industry win

Medicare was cleared to negotiate drug prices for the first time by the Senate’s top rules official, though the Democrats’ proposal intended to cap price increases for prescription drugs in the commercial market was blocked.

Tribune News Service

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Tribune News Service

Drug price bill pruned by Senate arbiter in partial industry win

The Independent UK

Senate parliamentarian kills key part of Democrats’ prescription drug plan in the Inflation Reduction Act

The plan would cause manufacturers to rebate Medicare if they increased drug prices higher than inflation.

WEKU

Congress is about to act on drug price reform. Here's what you need to know

A deal on the table in Congress would help deliver on a long-time promise: to make prescription drugs more affordable. It includes a $2,000 cap on out-of-pocket expenses for Medicare patients.

Roll Call

Groups launch last-ditch effort against drug pricing changes - Roll Call

Interest groups are spending millions in hopes of blocking legislation allowing Medicare to demand lower prices for prescription drugs.

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news in one place.

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The Independent UK

Build Back Manchin: Here’s what is included in the monster spending deal agreed to by Democrats

Tons of money for renewable energy, lease sales for drilling in Alaska and the Gulf of Mexico and prescription drug pricing.

Roll Call

Manchin, Schumer reach deal on climate, health, tax measure - Roll Call

A budget deal that West Virginia Democrat and the Senate majority leader had been discussing is officially back on the table.

Axios

Big decisions loom for Democrats' giant health bill

Democrats' high-stakes math game

Axios

Democrats' Manchin rage

They're furious with him but privately take him at his word that he's still committed to lowering prescription drug prices.

Tribune News Service

Biden OKs health care-focused budget pact struck in Senate

WASHINGTON — President Joe Biden on Friday endorsed a plan hatched by two key Senate Democrats to pass a budget reconciliation package that would help lower the cost of prescription drugs and protect millions of households from health insurance premium spikes, even if it leaves out important clean energy priorities.

Axios

Manchin rules out climate spending and tax hikes, but open to prescription drug reform

Manchin remains open to a much smaller bill that focuses on deficit reduction.

Los Angeles Times

Commentary: Mark Cuban won’t fix our drug pricing problem

Mark Cuban, the billionaire “Shark Tank” celebrity and Dallas Mavericks owner, is getting attention again — this time for his Mark Cuban Cost Plus Drug Co., which seeks to reduce prescription drug prices for Americans. A new study finds that Medicare could have saved $3.6 billion in 2020 if it…

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