President Biden urges Congress to take steps to lower the cost of prescription drugs in the US, including allowing Medicare to negotiate drug prices directly and penalizing drugmakers that raise prices faster than inflation.
in the United States, including allowing Medicare to negotiate drug prices directly and penalizing drugmakers who raise prices faster than inflation.
Drug prices have been a nagging issue for American politicians. Former President Donald Trump also spoke frequently of the need to lower prices and called for some of the same policy solutions as Biden, but was unable to garner support in Congress.
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