Budget Battles
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New Poll Finds Liberals and Conservatives Agree: Tax the Super-Rich
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Biden Vows US Will Pay to Rebuild Collapsed Baltimore Bridge
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How Congress Wasted ‘Months of Precious Time’ on the 2024 Spending Bills
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Senate Struggles to Avert Shutdown, Speaker Johnson Faces Revolt
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Long-Delayed $1.2 Trillion Spending Package Zooms to the Finish Line
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Debt Will Hit Record High This Decade, CBO Warns
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Congress Races Against the Clock to Avoid Shutdown
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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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New Record for Obamacare Signups
By Michael RaineyA record 20 million people have signed up for health care through the marketplaces created by the Affordable Care Act, the Centers for Medicare and Medicaid Services announced Wednesday. This marks...
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As Drug Prices Rise, $35 Cap on Insulin Takes Effect
By Michael RaineyPharmaceutical companies rang in the New Year as they usually do: raising prices on hundreds of medications. According to research cited by Reuters , companies like Pfizer, Sanofi and Takeda will...
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More Than Half of Children Losing Medicaid Coverage Live in Just 5 States
By Michael RaineyAs individual states continue to disenroll millions of people from Medicaid and the Children’s Health Insurance Program (CHIP) now that pandemic-era suspension of participation guidelines has come to...
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Biden Admin Threatens to Seize Publicly Funded Drug Patents
By Michael RaineyThe Biden administration took steps Thursday that could clear the way for the federal government to seize the patents of high-priced pharmaceuticals that were developed using public funds. The move...
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CVS Says It Will Overhaul How It Prices Prescription Drugs
Drugstore giant CVS Health announced Tuesday that it is dramatically changing the way its pharmacies are reimbursed for prescription medications, shifting to a model that it says is simpler and more...
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Medicaid Expansion Opens Up Coverage for 600,000 in North Carolina
By Michael RaineyMore than 600,000 residents of North Carolina will gain access to health insurance starting today thanks to the expansion of the state’s Medicaid program. Since his election in 2016, Democratic Gov...
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Social Security Trust Fund to Be Tapped Out in 2033: Report
As America ages, retirees on Social Security face steep automatic cuts starting in 2033 while the trust fund for Medicare’s hospital coverage is on pace to be exhausted by 2031, according to annual...
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As Pandemic-Era Rules End, Millions Will Lose Medicaid Coverage
By Michael RaineyStates can start removing people from Medicaid and the Children's Health Insurance Program on April 1 as Covid-era rules come to an end, kicking off a process that is expected to reduce participation...
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Chart of the Day: Shorter Lives, Poorer Health
By Michael RaineyResearchers announced late last year that U.S. life expectancy had fallen for a second year in a row in 2021, an unusual occurrence that has pushed the measure of life expectancy at birth down to 76...
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Ohio Attorney General Charges Pharmacy Benefit Companies With Price Fixing
Ohio Attorney General Dave Yost filed suit Monday against several companies that manage prescription drug benefits, accusing them of colluding to drive up drug prices, contrary to their stated...
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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...