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House Tussles Over Bill to Let Medicare Negotiate Drug Prices

email article Republican and Democratic lawmakers grappled with the issue of high drug costs at a subcommittee hearing of the House Committee on Education and Labor on Wednesday. President Biden gave a boost to Democrats by broadcasting his support for price negotiation in his first address to a joint session of congress in late April. We all know how outrageously expensive drugs are in America, he said. Let s give Medicare the power to save hundreds of billions of dollars. Everyone at the hearing agreed that lowering costs of prescription drugs is important what they couldn t agree on is how to do it.

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