Biden aims to resurrect drug pricing reforms in stalled $1.75T Build Back Better Act

President Joe Biden sought to resurrect key drug pricing reforms such as giving Medicare drug price negotiations that have languished in the Senate for months.

Biden gave a speech Thursday at Germanna Community College in Culpeper, Va., detailing the goals of the Build Back Better Act, which passed the House but has stalled in the Senate where Democrats maintain a tenuous grasp on power.

The president detailed several policies that he said are vital to keep in the law, such as capping price hikes on Medicare Part D drugs beyond the cost of inflation.