The Congressional Budget Office says it will again hit $3 trillion this year, $745 billion more than its estimate five months ago, as Mr. Biden’s American Rescue Plan goes into effect.
Slouching toward socialism
As drugmakers adjust to less revenue under H.R. 3, it would result in eight fewer new drugs coming to the U.S. market in 10 years and up to 30 fewer new drugs over 20 years, the Congressional Budget Office said.
House report: Top drugmakers spend more on investor perks than R&D