Biden and Harris Announce Deal to Lower Drug Prices - The World News

Biden and Harris Announce Deal to Lower Drug Prices

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Biden and Harris Announce Deal to Lower Drug Prices

President Biden and Vice President Kamala Harris celebrated the results of landmark price negotiations between Medicare and pharmaceutical companies.

“The same law I wrote, we wrote, means starting in January of this year, every senior in the United States of America, no matter what their cost of drugs — they never have to spend more than $2,000 a year for all drugs. All drugs.” “Medicare was prohibited by law from negotiating lower drug prices, and those costs then got passed on to our seniors. But not anymore.” [cheering] “Thank you, Joe! Thank you, Joe! Thank you, Joe! Thank you, Joe!”

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