Lawmakers oppose Trump’s reversal on Medicare drug prices
Concern is growing among Democrats after President Donald Trump reversed some of the former president’s executive orders, including efforts to reduce prescription drug costs for Medicare and
Trump’s early moves could actually increase drug prices for seniors
But actions the new president has taken in his first days on the job could hit Americans — particularly seniors — in the wallet. On Tuesday, the first full day of his new term, Trump scrapped former President Joe Biden’s Executive Order 14087,
Trump executive order on prescription drug costs
President Trump has rolled back a Biden-era executive order aimed at lowering prescription drug costs for Americans, raising concerns among Medicare and Medicaid recipients. FOX 5’s Linda Schmidt looks at what this means for patients and what impact it could have on existing policies,
Cap on prescription drug spending should help seniors save money. Will Trump keep the law?
The new cap — part of the 2022 Inflation Reduction Act — started in the new year. It's unclear whether the Trump administration will keep or repeal the law.
Trump’s executive order rollback on drug price cuts alarms seniors
The action won't directly impact current drug prices but it could be a signal that other Biden-era health care expansions could be cut. Leaders in Congress have discussed cuts to
‘It was all LIES’: Trump destroyed for selfishly raising prescription drug costs, reversing cost caps
Donald Trump has rescinded yet another Biden-era executive order, and drug prices could skyrocket as a result. The president recently tossed out executive order 14087, a measure taken by Biden in order to cap certain generic drug prices at $2 for Medicare recipients,
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Trump calls for review of Inflation Reduction Act provisions
In his first day in office, President Donald Trump initiated a 90-day review of aspects of the Inflation Reduction Act and ...
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Inflation Reduction Act Guidance: IRS and Treasury Release Final Regulations on the New Tech-Neutral Clean Energy Tax Credits
On January 15, 2025, the Internal Revenue Service (the “IRS”) and the Department of the Treasury (“Treasury”) published final regulations ...
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Republican Congress members support retaining clean energy tax credits
At least eight Republican Congress members voiced support for retaining tax credits created by the Inflation Reduction Act of 2022.
Trump's Day 1 Orders Target Inflation. Will They Work?
Among President Donald Trump's volley of executive orders on inauguration day were several targeting the heart of inflation: ...
Will Donald Trump and the GOP-controlled Congress kill the Inflation Reduction Act?
Good morning and welcome to the A.M. Alert! BONTA, COLLEAGUES URGE CONGRESS TO SPARE THE INFLATION REDUCTION ACT It’s Inauguration Day, and Washington, D.C. is about to get very different for at least ...
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Attorney General McCuskey joins first federal lawsuit over methane tax rule
Making good on campaign promises to challenge federal overreach, new West Virginia Attorney General J.B. McCuskey joined his ...
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How To Save on Green Improvements Under Inflation Reduction Act
Tax credits for energy-efficient home improvements are extended and expanded by the Inflation Reduction Act. Tax credits for ...
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Trump takes first swing at Inflation Reduction Act with funding pause
Amid a flurry of executive actions upon his inauguration Monday, US President Donald Trump took aim at the subsidies in the ...
Bessent's criticism of Inflation Reduction Act underscores how Democratic law faces trouble this year
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Navigating the Inflation Reduction Act: Insights on Brownfield Energy Community Credits - Energy Law Insights
Join Troutman Pepper Locke Partners Karlie Webb and Ben Cowan as they delve into the complexities of the Inflation Reduction ...
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EV Charging in Michigan Uncertain After Trump Order
Tens of millions of dollars promised to Michigan for electric vehicle charging programs are among the federal grants in peril after President Trump ordered agencies to "immediately pause" payments.
Trump Order Walks Back Biden-Era Effort To Lower Prescription Drug Prices. Here's Context
Trump rescinded Executive Order 14087, "Lowering Prescription Drug Costs for Americans," which directed Medicare and Medicaid ...