Budget Battles
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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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IRS Unveils Plan to Crack Down on the Rich
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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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Crunch Time for Biden's Agenda
Talks are reportedly heating up between Senate Majority Leader Chuck Schumer (D-NY) and Sen. Joe Manchin (D-WV) over a package of tax changes, health care reforms, and climate and energy programs. “...
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Health Insurers to Pay $1 Billion in Rebates This Year: Report
Private health insurance companies expect to pay $1 billion in rebates to consumers this fall, according to a preliminary estimate by the Kaiser Family Foundation . The rebates are required under a...
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Seniors Will Have to Wait Until 2023 for Expected Medicare Premium Reduction
Seniors will have to wait until next year to see their Medicare Part B premiums reduced after the Centers for Medicare and Medicaid Services determined that a mid-year adjustment to reflect lower...
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Democrats Face a ‘Time Bomb’ on Obamacare
Democrats face a potential pre-election “political time bomb” on an issue they had hoped would provide a boost with voters: the expansion of Affordable Care Act coverage resulting from increased...
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House Dems Introduce $28 Million Bill to Ease Infant Formula Shortage
By Michael RaineyHouse Appropriations Committee Chairwoman Rosa DeLauro (D-CT) prepared a $28 million supplemental funding bill Tuesday that would help the U.S. Food and Drug Administration address a shortage of...