The Biden administration on Tuesday unveiled the first 10 prescription drugs that will be subject to price negotiations between manufacturers and Medicare, kicking off a controversial process that aims to make costly medications more affordable for older Americans.

President Joe Biden’s Inflation Reduction Act, which passed in a party-line vote last year, gave Medicare the power to directly hash out drug prices with manufacturers for the first time in the federal program’s nearly 60-year history. The agreed-upon prices for the first round of drugs are scheduled to go into effect in 2026.

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    1 year ago

    In order: Greatest Generation, Silent Generation, Boomers, Gen X, Millennials, Zoomers.

    Greatest begat Boomers begat Millennials.

    Silent begat Gen X begat Zoomers.

    80 year olds are in the Silent Generation. There are very few members of the Silent Generation left in Congress.