President declares ‘we finally beat big pharma’ as he joins Harris on stage in Maryland for first time since exiting race
Joe Biden raises the hand of Kamala Harris at an event on Medicare drug price negotiations, in Prince George's county, Maryland, on Thursday.Joe Biden raises the hand of Kamala Harris at an event on Medicare drug price negotiations, in Prince George's county, Maryland, on Thursday.
“Kamala and all of us in this room are going to keep standing up to big pharma,” Biden said. “I fought too damn hard to yield now.” The 10 drugs subject to negotiations, among them widely used blood thinners and diabetes medications, are expected to save $6bn for Medicare, which is a major government health insurance program covering Americans older than 65, and those with certain disabilities, the administration said. Seniors should save $1.5bn directly in out-of-pocket costs., one of Biden’s signature legislative accomplishments that passed without a single Republican vote.
Biden, who simultaneously touted his record in office and played pass-the-torch, warned that if given a second term, Trump – who the president mocked as “the guy we’re running against, what’s his name? Donald Dump?” – would repeal Medicare’s authority to negotiate drug prices. He named the sweeping conservative policy agenda,“Let me tell you what our Project 2025 is: beat the hell out of them,” Biden said, drawing loud applause.
“I’ve been waiting for this moment for a long, long time,” Biden said, noting that the first time he introduced legislation to allow Medicare to negotiate drug prices was as a freshman senator shortly after he was elected, in 1972. Earlier this week, Harris and Biden participated in a Situation Room meeting to discuss the situation in the Middle East. They also appeared together on the tarmac at Joint Base Andrews to welcome home US citizens wrongfully detained in Russia.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Joe Biden steps down LIVE updates: US president withdraws from White House race, backs Kamala HarrisUS President Joe Biden has withdrawn as the Democratic candidate. Follow live updates.
Read more »
Joe Biden steps down LIVE updates: US president withdraws from White House race, backs Kamala HarrisUS President Joe Biden has withdrawn as the Democratic candidate. Follow live updates.
Read more »
Joe Biden has been a foreign policy president, but Kamala Harris is no noviceUS president’s contacts list is unmatched since George HW Bush’s, but his VP has been slowly building her portfolio
Read more »
Harris pays tribute to Biden's 'unmatched' legacy in first speech after president's endorsementUS Vice President Kamala Harris has made her first public appearance after Joe Biden dropped out of the 2024 presidential race and endorsed her.
Read more »
Former US President Donald Trump responds to President Joe Biden dropping out of presidential race7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
From attending protests in a pram to becoming vice-president, who is Kamala Harris?With questions over the competency of US President Joe Biden to take on the upcoming elections in November, Kamala Harris has been seen as a potential successor. But who is she?
Read more »