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Delivering the first major legislative victory for President
Biden, Congress passed another COVID-19 relief package that, at a
cost of $1.9 trillion, is almost as much as the $2 trillion
Coronavirus Aid, Relief, and Economic Security (CARES) Act enacted
a year ago in March 2020. The American Rescue Plan Act of 2021 will
provide another round of stimulus checks to individuals and
families, extend federal supplemental unemployment benefits,
provide more funding for state and local governments, expand
subsidies for healthcare insurance, and provide additional funding
for COVID-19 testing, vaccination, and treatment, among a slew of
medicare part d. the president wants to offer free generic drugs to low income seniors, he wants health plans to share drug rebates and wants a lower cost out of pocket maximum to protect seniors. not everybody is on board with this. generic drug manufacturers think the better way to lower costs is through increased market competitions, not government intervention. melissa? melissa: there is that. john roberts, thank you. happy friday to you. you know what they say about friday, what? what? two more working days until monday. in your job, yes. have fun. thank you, john roberts. jon: well, back in the nation s capitol, things are boiling once again. house republicans, devin nunes and trey gowdy meeting with senior justice department officials looking for classified documents about the russia investigation. kim strassel writing an op-ed in the wall street journal.
japan welcoming the summit. singapore welcome it saying they hope they can help bringing piece on the peninsula. south korea is disappointed that it is not at the dmz. they were hoping after the bilateral between trump and kim jong-un there could be a trilateral with south korea as well. it would be easier if it was hosted by the south koreans. dave. just the second time a north korean leader has gotten on a plane in 30 years. paula, thank you. president trump will reveal the vision for lowering drug prices. unveali unveiling the blueprint. reduce consumer costs and reacre incentives. and making it easier for cheaper drugs to hit the market and targeting drug rebates. trump wants insurers to share