Biden Wants to Let Medicare Negotiate Drug Prices, but Not Via His American Families Plan
President Biden has left out of his American Families human-capital investment plan drug pricing reforms that Democratic leaders in Congress have pressed him hard to add. House Speaker Nancy Pelosi (D-Calif.), House Energy and Commerce (E&C) Chair Frank Pallone (D-N.J.), and Senate Finance Committee Chair Ron Wyden (D-Ore.) all have said that the legislation to implement Biden’s plan must include something to reduce what consumers and the government pay for medicines.
