Budget Battles
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Trump Promises New Tax Cuts for Everyone
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Biden White House Lays Out Plan for Coming Tax Showdown
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Trump Tax Cut Extension Would Cost $4.6 Trillion: CBO
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House Kills Greene Motion to Oust Speaker Johnson
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Greene Backs Off Johnson Threat, but Issues Four Demands
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Social Security, Medicare Get Boost From Strong Economy
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Biden and Trump Joust Over Jobs Report
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1 in 8 US Adults Has Taken Ozempic or Other GLP-1 Drug: Survey
About 12% of American adults say they have used one of the increasingly popular weight loss and diabetes drugs known as GLP-1s, and 6% say they are currently taking such a drug, according to a new...
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Drugmakers in Medicare Price Talks Spent Less on R&D Than on Shareholders, Marketing, Overhead: Report
Eight drug companies that make the 10 medications whose prices are currently being negotiated by Medicare spent billions more last year on stock buybacks, dividends, marketing and administrative...
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Social Security, Medicare Get Modest Boost From Strong Economy
By Michael RaineySolid economic growth in the wake of the pandemic has strengthened some of the nation’s leading social safety net programs, as robust employment increases the flow of payments into the Social...
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Nearly 1 in 4 of Those Removed From Medicaid Now Uninsured
By Michael RaineyMillions of Americans have been removed from state-level Medicaid programs over the last year, following the official end of the Covid-19 pandemic and the return to pre-pandemic rules governing...
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Biden Touts Healthcare Progress With Support From a Former Rival
President Joe Biden and Sen. Bernie Sanders joined forced on Wednesday to promote the administration’s efforts to lower healthcare costs and prescription drug prices, an issue that the White House...
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Study Raises Questions About Ozempic Cost as Medicare Spending Soars
Some widely used diabetes and weight loss drugs could be profitably manufactured for far less than they currently cost, according to a new study. The analysis, published in JAMA Network Open by...
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Drugmakers Push Back Against Price Negotiations
By Michael RaineyMajor pharmaceutical firms are fighting a new federal program that empowers the government to negotiate lower prices for drugs that are widely prescribed in the Medicare system. The Washington Post’s...
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Biden Proposes a $7.3 Trillion Budget for 2025
President Biden on Monday proposed a $7.3 trillion budget for fiscal year 2025 that seeks to lower the costs of prescription drugs, child care and housing while also cutting the deficit by $3...
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UnitedHealth Faces New Justice Department Antitrust Probe: Reports
The Justice Department has reportedly launched an antitrust investigation into UnitedHealth, the nation’s largest health insurer and a top manager of pharmacy benefits and physician groups...
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Americans’ Top Financial Worry: Healthcare
By Michael RaineyHealthcare issues claim the top spots in the list of things U.S. voters are “very” or “somewhat worried” about being able to afford, according to the latest tracking poll from the healthcare...
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Biden Celebrates ACA Anniversary, Lashes Out at GOP
President Barack Obama signed the Patient Protection and Affordable Care Act into law on this date in 2010 — and Joe Biden, who was vice president at the time, memorably labeled the occasion a “big f...
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Moderna CEO Blasted for Planned Covid Vaccine Price Hike
The CEO of drugmaker Moderna came under fire from lawmakers Wednesday at a Senate hearing focused on the company’s plans to quadruple the price of its Covid-19 vaccine. Moderna’s Covid booster costs...
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Health Care Spending Growth Continues to Slow, CBO Says
By Michael RaineyThe Congressional Budget Office says the projections it made soon after the passage of the Affordable Care Act overestimated the level of federal mandatory spending on health care for the period 2010...
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Insulin Makers Lowered Prices to Save — and Make — Money
Drugmaker Sanofi said Thursday that it will cut the list price of its most widely prescribed insulin by 78% and cap out-of-pocket costs for the drug at $35 a month for all patients with private...
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Biden Pitches Higher Taxes on the Rich to Help Save Medicare
President Joe Biden on Tuesday previewed his plan to address a looming Medicare funding crisis, proposing to extend the solvency of a key program trust fund by raising taxes on people making more...