President Donald Trump rescinded an executive order issued by former President Joe Biden aimed at finding new models for lowering drug costs. Trump's action didn't affect the caps on seniors' drug costs or Medicare price negotiations that Biden signed into law.
President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation without triggering a recession.
President Trump at a rally in Las Vegas on Saturday promoted his "No Tax On Tips" proposal and talked about how the current tax system punishes workers in the food and beverage industry. "When I think of Biden,
January, the Biden administration released its proposed Medicare Advantage rates in 2026. These are the rates that the government pays insurers for the program to provide low-cost, affordable plans for seniors.
It is report card time for the 46th president of the United States. Unfortunately for President Joe Biden, he does not make the grade.
Joe Biden will undoubtedly paint a picture of a successful tenure as president. But I won't be fooled – and neither should other Americans.
Inflation was a driving force behind Donald Trump’s election, but he’s put the issue on the back burner during his first week in office.
As President Joe Biden gets ready to leave office, we consider his accomplishments, failures, and what his legacy will be.
Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.
Early moves by the president raise questions about what direction his second-term policy on drug costs will take.
Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.