Today, President Biden issued a statement marking the day that t

Avalon - Today, President Biden issued a statement marking the day that the new, lower cap on seniors’ out-of-pocket spending on prescription drugs goes into effect. The Inflation Reduction Act, negotiated over two years and passed with Democratic votes alone, enabled the government to negotiate with pharmaceutical companies over drug prices and phased in out-of-pocket spending caps for seniors. In 2024 the cap was $3,400; it’s now $2,000.
As we launch ourselves into 2025 one of the key issues of the new year will be whether Americans care that the U.S. government does the hard, slow work of governing