Last week President Biden made an attempt to restart efforts to reduce prescription drug prices. In a trip to Culpepper, Va., Biden said, “The idea you can charge whatever you want is just not going to happen in the Unit ...
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Congress Still Working to Stop Government Shutdown
It does not get covered much in the news, but Congress still has not been able to pass the legislation needed to fund the government through the rest of the 2022 fiscal year. Instead, they have passed two “CRs” (conti ...
Drug Prices Go Up Again
According to Rx Savings Solutions, drugmakers raised list prices by an average of 6.6% in the first few weeks of this year on cancer, diabetes, and other prescription medicines. These increases are considered to be more ...
Hearing on Medicare Funding
A subcommittee of the Senate Finance Committee will hold a hearing this week on the Hospital Insurance Trust Fund and the Future of Medicare Financing. That’s good news! One of TSCL’s concerns is for the long-term hea ...
Drug Pricing Legislation Still in the Mix
As we have recently reported, there is still hope that Congress will be able to pass legislation that will have in it a provision to lower the costs of prescription drugs. However, it is the Democratic majority in the Se ...
Supreme Court Vacancy Shuffles Senate Schedule
Congress is back in session this week after being out of session last week. They already had their hands full with the amount of work they need to do and the announcement of the retirement of Supreme Court Justice Stephe ...
Government Warns About Fake Covid Test Kits
A few days ago the Federal Trade Commission (FTC) issued a warning about fraudulent testing kits being sold online to desperate customers. "It's not a surprise that, according to the US Food and Drug Administration, f ...
Social Security 2100 Bill Keeps Gaining Support
We have told you in the past about the “Social Security 2100” bill that would improve benefits and strengthen the entire Social Security system. It’s a bill that TSCL has been working with its author, Congressman John La ...
Drug Companies Spend Record Amount to Keep Drug Prices High
We’ve told you in the past that the drug companies pulled out all the stops last year to fight the effort to lower drug prices. According to a new report from Bloomberg Government News, PhRMA, the lobbying group of the m ...
Efforts to Lower Drug Prices Still Alive
Unless you do not pay attention to the news at all, you know that passing legislation to lower the prices of prescription drugs in the Senate has two main obstacles: in addition to every Republican Senator, there are two ...