President Biden plans to urge Congress to focus on cost-saving ideas for prescription drugs in his State of the Union address Thursday night, including capping out-of-pocket prescription drug costs for all Americans and allowing the federal government to negotiate the prices of widely used medications.
Biden will require substantial congressional action at a time when Congress struggles with passing an annual budget. Congress also remains narrowly divided, and while the president is expected to call for bipartisanship to expand these health care savings, the Biden White House repeatedly notes that no Republican voted for the 2022 measure.The administration officials were also unclear on how soon the additional drug savings costs could be implemented if passed by Congress.
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