Posted by Michael Wonder on 02 Nov 2021
Democrats reach a breakthrough deal on drug prices, as spending bill nears the finish line
2 November 2021 - Senate Majority Leader Chuck Schumer said Tuesday that Democrats reached an agreement on lowering prescription drug prices.
The Senate’s top Democrat added that the plan will grant the government power to regulate the prices of some of the most expensive drugs on the market and redesign the Medicare drug benefit so it limits out of pocket costs for seniors to $2,000 per year.
