Politics, Nancy Pelosi, Prescription Drugs, Business, Health, Prescription Drug Costs, Medicare, Legislation, Government And Politics, Joe Biden

Politics, Nancy Pelosi

The Latest: Biden to call for Medicare drug cost negotiating

President Biden will declare the nation is 'turning peril into possibility, crisis into opportunity' in his first address to Congress. He'll deliver the Wednesday night speech on the eve of his 100th day in office.

4/29/2021 12:28:00 AM

President Biden will declare the nation is 'turning peril into possibility, crisis into opportunity' in his first address to Congress. He'll deliver the Wednesday night speech on the eve of his 100th day in office.

WASHINGTON (AP) — The Latest on President Joe Biden 's first joint address to Congress (all times local): 5:30 p.m. The White House says President Joe Biden 's speech to Congress will call on lawmakers to lower prescription drug costs by acting this year to empower Medicare to negotiate prices.

5:30 p.m.The White House says President Joe Biden’s speech to Congress will call on lawmakers to lower prescription drug costs by acting this year to empower Medicare to negotiate prices.A White House official confirmed Biden’s plan on condition of anonymity in advance of the president’s speech to a joint session of Congress on Wednesday night.

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Medicare’s prescription drug benefit is delivered through private insurers, and the program is currently barred by law from negotiating prices directly with pharmaceutical companies.As a candidate, Biden promised to change that, but he has yet to submit legislation to Congress. The official says Biden remains committed to working for reduced prescription drug prices.

House Speaker Nancy Pelosi is moving ahead with her plan to use expected savings from lower spending on drugs to expand Medicare benefits, capping prescription drug bills for seniors.But Republicans are solidly opposed to Medicare negotiations, and some Senate Democrats have qualms. It’s unclear if Pelosi’s approach can get through the Senate. headtopics.com

— By AP writer Ricardo Alonso-Zaldivar___HERE’S WHAT YOU NEED TO KNOW ABOUT PRESIDENT JOE BIDEN’S JOINT ADDRESS TO CONGRESS:Marking his first 100 days in office, President Joe Biden will use his first joint address to Congress on Wednesday to pitch a $1.8 trillion investment in children, families and education that would fundamentally transform the role government plays in American life.

Read more: The Associated Press »

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_Politics How about having reporters calling him out on his lies in this bill? Why did I read this as a bad thing, in the vein of NaomiAKlein shock doctrine? Why not just say 'disaster capitalism is making us rich af!' and get it over with. There will be no mention of the border crisis, big tech censorship, rising crime in all American cities and the perils of tax and spend policy

The Latest: Biden urges passage of police overhaul measureWASHINGTON (AP) — The Latest on President Joe Biden 's first joint address to Congress (all times local): 10:10 p.m. President Joe Biden says the United States has “to come together to rebuild trust between law enforcement and the people they serve.” Unemployment was at record, historic lows right up until the pandemic. The Government creates jobs simply by staying the hell out of the way. Very few details. A lot of general promises. Many workers don't benefit from unions. Unions prevent pay raises for exemplary employees and freeze wages. They don't ask members who they support before endorsing politicians. They give money to politicians instead of members.

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