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Biden Shortly Due To Deliver Remarks On "Lowering Costs For Families"

US

President Joe Biden continues his West Coast tour where he is shortly due to deliver remarks from Orange County, California on the Medicare provisions of the Inflation Reduction Act.

  • Livestream: https://www.youtube.com/watch?v=GUuqgfHP9kk
  • The White House hopes that a publicity drive before the midterm elections next month can inform voters of how the Inflation Reduction Act can lower the price of prescription medicines by allowing Medicare to negotiate prices with pharmaceutical companies.
  • Recent polling has shown that the policy is broadly popular but only ~30% of voters are aware of the policy.
  • According the White House, Biden "will also sign an Executive Order directing the Department of Health and Human Services to explore additional actions it can take to lower prescription drug costs to build on his Administrations work lowering costs for working and middle-class families."

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