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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A Major Insurer Has a New Plan to Save Big Money on Drug Costs
The U.S. system of pricing and insurance coverage for prescription drugs has come under immense criticism for being overly complicated and costly. Now, a major health insurer — Blue Shield of...
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Biden Celebrates His Signature Law, but Americans Aren’t Sure What It Is
President Joe Biden today marked the one-year anniversary of the landmark Inflation Reduction Act, calling it “one of the most significant laws” ever enacted. In an event at the White House, Biden...
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One Year Later, Biden Pushes Inflation Reduction Act — but Laments Its Name
President Joe Biden and several top administration officials will be fanning out across the country this week to celebrate the one-year anniversary of the Inflation Reduction Act being signed into...
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Uninsured Rate Drops to Record Low – but Probably Not for Long
By Michael RaineyThe share of the U.S. population without health insurance fell to an all-time low of 7.7% in the first quarter of 2023, according to new data from the National Center for Health Statistics. The...
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The Great Post-Pandemic Medicaid Purge Continues
More than 3.8 million Americans across 39 states and the District of Columbia have been removed from Medicaid since April after the expiration of a pandemic-era provision ensuring that they could...