Pelosi Leading Talks to Add Drug Price Cuts in Biden Plan (2)

Oct. 29, 2021, 9:01 PM UTC

House Speaker Nancy Pelosi is leading an effort to add a plan to cut prescription drug prices to President Joe Biden’s $1.75 trillion economic plan, and lawmakers are optimistic a deal can be reached within days.

Biden left mention of cutting drug prices out of the outline he presented to Congress on Thursday, but even opponents of the original House provision said they would be open to a more limited version. Arizona Senator Kyrsten Sinema had agreed to at least some version of drug price cuts in a deal with the White House, according to a person familiar with ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.