Biden on drug costs: 'Even if you think this doesn't affect you, it does'
President Biden on Monday discussed the burden of prescription drug prices in America, and how his House-passed Build Back Better bill aims to ease some of those tensions.
"It will not surprise you to know that we pay the highest prescription drug prices of any developed nation in the world," the president lamented. "Even if you think this doesn't affect you, it does. Everyone has less money in their pockets because high drug costs make health insurance more expensive for everyone."
"Prescription drugs are outrageously expensive in this country," Biden went on, "doesn't need to be that way." And "under my Build Back Better bill ... it won't be the same way."
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The president then discussed, as an example, how his legislation will impact insulin prices and "lower the cost of families dealing with diabetes."
Biden concluded by explaining that the cost of prescription drugs is "not a partisan issue," because diabetes, Alzheimer's, cancer, or any other disease "don't care if you're a Democrat or a Republican."
Watch his full remarks below:
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Brigid Kennedy worked at The Week from 2021 to 2023 as a staff writer, junior editor and then story editor, with an interest in U.S. politics, the economy and the music industry.
-
How will China’s $1 trillion trade surplus change the world economy?Today’s Big Question Europe may impose its own tariffs
-
‘Autarky and nostalgia aren’t cure-alls’Instant Opinion Opinion, comment and editorials of the day
-
Japan’s Princess Aiko is a national star. Her fans want even more.IN THE SPOTLIGHT Fresh off her first solo state visit to Laos, Princess Aiko has become the face of a Japanese royal family facing 21st-century obsolescence
-
Judge orders release of Ghislaine Maxwell recordsSpeed Read The grand jury records from the 2019 prosecution of convicted sex offender Jeffrey Epstein will be made public
-
Miami elects first Democratic mayor in 28 yearsSpeed Read Eileen Higgins, Miami’s first woman mayor, focused on affordability and Trump’s immigration crackdown in her campaign
-
Ex-FBI agents sue Patel over protest firingspeed read The former FBI agents were fired for kneeling during a 2020 racial justice protest for ‘apolitical tactical reasons’
-
Trump unveils $12B bailout for tariff-hit farmersSpeed Read The president continues to insist that his tariff policy is working
-
Trump’s Comey case dealt new setbackspeed read A federal judge ruled that key evidence could not be used in an effort to reindict former FBI Director James Comey
-
Moscow cheers Trump’s new ‘America First’ strategyspeed read The president’s national security strategy seeks ‘strategic stability’ with Russia
-
Trump tightens restrictions for work visasSpeed Read The length of work permits for asylum seekers and refugees has been shortened from five years to 18 months
-
Supreme Court revives Texas GOP gerrymanderSpeed Read Texas Republicans can use the congressional map they approved in August at President Donald Trump’s behest
