Budget Battles
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Senate Tees Up Another Doomed Vote on Border Bill
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The 2025 Spending Fight Has Officially Begun — and It’s Going to Be Big
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Supreme Court Slaps Down Challenge to Consumer Watchdog
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Inflation Eases in April, Lifting Hopes for a Soft Landing
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Biden Jacks Up Tariffs on $18 Billion in Chinese Imports
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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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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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Medicare Finalizes Plan to Limit Coverage of Controversial New Alzheimer’s Drug
Medicare on Thursday finalized a decision to severely limit coverage of a costly and controversial new Alzheimer’s drug, announcing that it would only cover the new treatment for patients who receive...
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Covid Takes Another Bite Out of US Life Expectancy
By Michael RaineyLife expectancy in the U.S. dropped again in 2021, according to a new analysis that tallies the terrible toll Covid-19 continued to take last year. Across all groups, life expectancy fell to 76.60...
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Poor People Died from Covid at Twice the Rate of the Rich, Study Finds
During the Covid-19 pandemic, Americans living in the poorest counties died at twice the rate of those living in the richest counties, according to a report released this week by the Poor People’s...
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Biden Signs Fix for Obamacare’s ‘Family Glitch’
By Michael RaineyPresident Joe Biden signed an executive order Tuesday that would expand coverage under the Affordable Care Act by allowing the cost of family health insurance to be used as a reference point when...
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Senators Reach Deal on $10 Billion Covid Aid Package
With only days left before congressional lawmakers are scheduled to leave Washington, D.C. for a two-week recess, Senate negotiators are reportedly set to announce a $10 billion Covid-19 aid package...