CMS Administrator Dr. Mehmet Oz said on Tuesday that ending the $3.6 billion program would prevent billions of taxpayer dollars from going to insurance companies.
The companies Abbvie and Genentech are expected to become the 10th and 11th drug-making companies to release their products at a discounted rate on the portal, joining other giants like AstraZeneca, Eli Lilly, Novo Nordisk and Pfizer.
During stops in Kentucky and Ohio on Wednesday, President Donald Trump touted lower prescription drug prices and downplayed the economic impact of the war in Iran. NewsNation’s Tom Dempsey has more from Capitol Hill. Start your day with "Morning in America," NewsNation's live three-hour national morning newscast hosted by Markie Martin. Weekdays starting at 6a/5C. #MorningInAmerica NewsNation is your source for fact-based, unbiased news for all Americans.