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Trump rescinded Executive Order 14087, "Lowering Prescription Drug Costs for Americans," which directed Medicare and Medicaid agencies to research and implement models for lowering the costs of prescription drugs. Separate provisions in the Inflation Reduction Act of 2022 also aimed at lower prescription drug costs are still in effect.
Trump rolls back Biden directive to study methods of lowering prescription costs
Among the dozens of Biden-era executive orders he rescinded on day one, President Trump nixed one that aimed to explore new health care payment models that would lower prescription costs for Medicare and Medicaid beneficiaries.
Trump's rollback of Biden's executive order on prescription prices sparks uncertainty in pharmacies
From being able to address patient questions to how this could impact your local pharmacy, there are still a lot of moving parts.
Trump’s executive order rollback on drug price cuts alarms seniors
Only Congress can repeal parts of the Inflation Reduction Act that now lets Medicare negotiate drug prices. Still, some are worried cuts could come that hurt seniors and people wi
President Trump rescinds Biden’s Executive Order to lower drug prices
President Trump is rescinding Biden’s Executive Order on prescription drug costs. A change that could significantly affect Americans with chronic health conditions and fixed incomes.
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Trump freezes IRA funding
Trump also revoked what he calls the Biden administration's “EV mandate” and pulled out of the Paris climate agreement as ...
JD Supra2h
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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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 ...
White House budget office narrows scope of executive order restricting IRA funds
The White House Office of Management and Budget (OMB) issued new guidance Wednesday clarifying limits to the disbursement of Inflation Reduction Act (IRA) funds ordered by President Trump Monday.
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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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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 ...
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: ...
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Sens. Britt and Tuberville co-sponsor bill to repeal methane tax
In December 2024, before the Natural Gas Tax Repeal Act was reintroduced, Sen. Britt had joined other Congressional ...
Trump’s war on electric cars has only just begun
Just to start out: the federal EV tax credit is still alive and kicking. It was not eliminated by the stroke of Donald ...
Here’s why solar could expand under Trump — and why some are worried
Trump’s rhetoric has largely forgone solar energy specifically. In fact, it’s an industry that grew by 128% under his first ...
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Trump’s energy directive sparks concerns over water projects
Los Angeles Department of Water and Power crews work to repair a juncture of a water main that ruptured near UCLA on Sunset ...
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 ...