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Video: 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.
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“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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