Political and Legislative
Biden Addresses Congress About ‘Outrageously’ High Pharmaceutical Prices
President Biden on Thursday called on Congress to act to lower the “outrageously” high price of prescription drugs as lawmakers prepare to press forward on the issue.
The presidential backing comes ahead of what is sure to be an intense fight with pharmaceutical companies and Republicans on the issue, with Democrats looking to include drug pricing measures in their coming $3.5 trillion budget package.
“Prescription drug prices are outrageously expensive in America,” Biden said in remarks at the White House, calling on Congress to allow Medicare to negotiate lower prices.
