Budget Battles
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House Republicans Pass Defense Bill Packed with Culture War Policies
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Trump Promises CEOs Another Tax Cut
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Price Hikes Ease in May, Raising Hopes in Battle on Inflation
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Surprisingly Strong US Economy Is Powering Global Growth: World Bank
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White House Slams Republican Tax Cut Plans
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Blockbuster Jobs Report Sends Mixed Message to the Fed
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Trump Tax Cut Extension Won't Pay for Itself: Analysis
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Healthcare Spending Will Account for Almost 20% of US Economy by 2032: CMS
U.S. healthcare spending grew faster than the economy overall last year and is expected to continue doing so through 2032 as it climbs to nearly one-fifth of gross domestic product, according to a...
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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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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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Health Insurance 'No Longer Affordable' at Many Small Companies
By Michael RaineyWorkers at small firms pay $8,334 on average per year for family health insurance, according to the most recent KFF employer health benefit survey. About a quarter of such workers face costs of $12,...
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Trump Dredges Up the Possibility of Again Pursuing Obamacare Repeal
Former president Donald Trump indicated over the holiday weekend that he still has his sights set on a familiar old target: Obamacare. In a post on social media Saturday, Trump, the polling...
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Crunch Time for Israel and Ukraine Aid: Can Congress Get It Done?
By Michael RaineyWhile lawmakers may have postponed their battle over government funding until after the December holidays thanks to a stopgap funding bill, Congress still must address numerous serious issues in the...