White House unveils plan to cut prescription drug prices



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A Biden administration plan to cut prescription drug prices offers the first detailed roadmap of administrative actions the White House would support in addition to legislation to cut costs.

The plan, which was released Thursday, supports legislation from Congressional Democrats, including pushing to empower the federal government to negotiate drug prices in Medicare and pass those lower costs on to the private sector. However, the roadmap goes further by describing the administrative actions of agencies and ministries which could be accompanied by possible legislative changes.

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