The reconciliation bill passed by Congress will affect prescription drug costs for Medicare beneficiaries. Democrats and Republicans offer opposing views on how it will affect seniors. We’ll explain what the bill would do.
Featured Posts
Q&A on the FBI’s Search of Trump’s Mar-a-Lago Home
How Does the Inflation Reduction Act Address Climate Change?
Senate Majority Leader Chuck Schumer said the Senate plans to hold its first vote Aug. 6 on the Inflation Reduction Act. An estimated $369 billion over the next 10 years would go toward combating climate change and investing in “energy security.” Here we review some of the climate-focused provisions in the bill.
Sorting Out the Partisan Tax Spin on Inflation Reduction Act
Biden’s Numbers (Second Quarterly Update)
U.S. Selling Oil from the Strategic Petroleum Reserve to the Highest Bidding Companies
Q: Is the Biden administration selling crude oil from the Strategic Petroleum Reserve to other countries?
A: The oil is sold to eligible companies that make the highest offers. Some of the companies are U.S. subsidiaries of foreign companies, and some that purchased oil have then exported a portion to buyers overseas. Exports increase the global supply and still help with U.S. gas prices, experts told us.
Noem’s Misleading Claim About Safety of Medication Abortion
The Food and Drug Administration and numerous peer-reviewed academic studies have concluded that medication abortions are “safe and effective” and that serious adverse events are relatively rare. But South Dakota Gov. Kristi Noem misleadingly called medication abortions “very dangerous medical procedures.”
A Guide to COVID-19 Vaccines for the Youngest Kids
Gasoline Prices Up Due to Global Supply-Demand Issues, Russian Invasion of Ukraine
U.S. presidents have little control over the price that consumers pay for gasoline. It depends mostly on the price of crude oil, which is set on the global market, based largely on worldwide supply and demand. Yet Republican campaign ads have falsely claimed or suggested that President Joe Biden and Democrats are solely to blame for the prices that motorists are paying at the pump.