WSJ News Exclusive | Biden Budget to Propose Saving Hundreds of Billions by Cutting Drug Prices, Fraud

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WSJ News Exclusive | Biden Budget to Propose Saving Hundreds of Billions by Cutting Drug Prices, Fraud
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President Biden's 2024 budget plan will seek to save hundreds of billions of dollars by lowering drug prices and raising some business taxes

will lay out plans to save hundreds of billions of dollars by seeking to lower drug prices, raising some business taxes, cracking down on fraud and cutting spending he sees as wasteful, according to White House officials.

Mr. Biden is set to release his fiscal 2024 budget plan on Thursday. Administration officials said it will propose cutting federal budget deficits by nearly $3 trillion over the next decade. Republicans are expected to oppose many of Mr. Biden’s plans, but the release of the budget will kick off

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