Biden to call for expanding IRA

With one eye on the campaign and another on a second term, President Joe Biden will call on Congress to take new steps to cut drug prices and expand access during the State of the Union speech on Thursday.

In a fact sheet outlining the proposals, the White House indicated that Biden will ask Congress to expand the number of drugs subject to the Medicare drug price negotiation program to “at least 50 drugs per year,” up from a maximum of 20 per year specified in the Inflation Reduction Act. ...