President Biden might exclude legislation to reduce what consumers and the federal government pay for prescription drugs from his American Families human and capital investment initiative, news organizations report this morning. Biden is scheduled to describe his infrastructure investment plan during a joint session of Congress tomorrow night.
There is a rift between Biden and House Democrats over whether to include provisions to lower drug prices in the plan, or deal with drug pricing later in another bill. The administration reportedly is concerned that adding drug pricing language that many Republicans oppose could doom his plan in the Senate. House Democrats want the drug pricing provisions included, as a matter of principle and to generate savings to expand Affordable Care Act subsidies for the purchase of health insurance. Democratic lawmakers have said drug pricing reform is a priority, based on their belief it could be a significant issue in the 2022 mid-term elections.
President Biden might exclude legislation to reduce what consumers and the federal government pay for prescription drugs from his American Families human and capital investment initiative, news organizations report this morning. Biden is scheduled to describe his infrastructure investment plan during a joint session of Congress tonight.
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