Biden, Harris hail Medicare drug price cuts that will save billions
- The Biden administration signed deals with drug companies to lower prices on 10 popular medicines for seniors, saving taxpayers $6 billion.
- President Joe Biden and Vice President Kamala Harris announced seniors could save about $1.5 billion on medications due to these agreements.
- Discounts on Medicare drug prices range from 38% to 79% off list prices, according to the U.S. Department of Health and Human Services.
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