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Expensive_Food t1_jcthzkw wrote

Reply to comment by whackwarrens in California moves to cap insulin cost at $30, start manufacturing naloxone by ElectrikDonuts

https://www.whitehouse.gov/briefing-room/presidential-actions/2022/10/14/executive-order-on-lowering-prescription-drug-costs-for-americans/

Odd Biden got so much credit for doing it again later then...

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steam58 t1_jctitcz wrote

Notice how your link isn't about an executive order, it's an actual law that actually did it something tangible...

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whackwarrens t1_jctiug4 wrote

Those executive orders only ordered the HHS to make recommendations to Congress...

See the part with the Inflation Reduction Act passed by Congress? Laws are necessary for powers and that's where the budget and enforcement powers are.

The POTUS doesn't have the power to just dictate drug prices whenever they want on their own. It's not rocket science how the US government works.

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Zanothis t1_jcttxu5 wrote

From the link you provided: >On August 16, 2022, I signed Public Law 117-169, commonly referred to as the Inflation Reduction Act of 2022 (IRA), which will lower the cost of prescription drugs and save millions of Americans hundreds or thousands of dollars per year. The IRA will protect Medicare beneficiaries from catastrophic drug costs by phasing in a cap for out-of-pocket costs at the pharmacy and establishing a $35 monthly cap per prescription for insulin covered by a Medicare prescription drug plan and insulin delivered through traditional pumps.

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