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Sen. Reed Hails Price Cuts & Savings Ahead for Consumers, Taxpayers as Biden Unveils First 10 Rx Drugs for Medicare Negotiations
August 30, 2023
WASHINGTON, Aug. 30 -- Sen. Jack Reed, D-Rhode Island, issued the following news release:

In an historic move to help lower the price of prescription drugs, the Biden Administration unveiled plans for the Centers for Medicare and Medicaid Services (CMS) to use the purchasing power of Medicare to negotiate lower prices for consumers for 10 critical drugs, which CMS was empowered to do under the Inflation Reduction Act (P.L. 117-169).

After the list was announced, U.S. S . . .

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