LIVE: US President Joe Biden & VP Kamala Harris Announce Deal To Lower Drug Prices
Joe Biden and Kamala Harris on Thursday cast themselves as the champions of American seniors in a David-and-Goliath fight against big pharmaceutical companies, at a joint event touting a landmark deal to lower the cost of prescription drugs.
“We finally beat big pharma,” the US president declared, sharing the stage with his vice-president for the first time since he abandoned his re-election bid in late July and Harris replaced him as the Democratic nominee.
The event, which came after a morning announcement about new lower drug prices for beneficiaries of Medicare, a government health insurance plan for seniors, was an opportunity to persuade voters that their administration has helped ease costs after years of high inflation.
Healthcare, particularly the high cost of prescription drugs, is a top concern for US voters. Biden had held a slight lead over Donald Trump for his platform throughout the year before he dropped out of the race.
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