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Democrats are still looking for a plan on drug prices

Democrats have no workable plan to tackle the cost of prescription drugs, even with full control of Washington and after campaigning on the issue for years.

The picture: Voters still care about the cost of drugs, but Democrats don't have a feasible legislative strategy yet — or an agreed-upon policy to fit into a legislative strategy.


State of play: In his recent address to Congress, President Biden called for giving Medicare more leverage over the prices it pays for drugs. But nothing on drug prices was part of his proposed American Families Plan, which includes a slew of other Democratic priorities.

Congressional Democrats say they still intend to tackle the issue.

  • Senate Majority Leader Chuck Schumer last week told The.Ink that he also supports allowing Medicare to negotiate prices.
  • House Democrats held two hearings on a bill that would allow Medicare to negotiate the price of some drugs and tie its prices to what other countries pay.

Yes, but: Given Democrats' razor-thin majorities and the industry's colossal lobbying power, they likely couldn't corral the votes to pass such sweeping reforms in the Senate.

  • And they don't yet have a fallback plan that the whole caucus could support, especially in the face of fierce opposition from industry.

The bottom line: “If you're just looking at public opinion polling, this is something Democrats should be raising their hands on, 100%," Harvard professor Robert Blendon said.

  • “What helps you in the midterm is to have three or four issues which are very popular that you did something about," he added. "It’s a very salient issue that would help most Democrats running in the midterm."

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Olympics grapple with policies on transgender athletes

TOKYO — After 125 years of having no openly transgender competitors at the Olympics, there are several transgender and nonbinary athletes at this year's Games.

Between the lines: While still small in number, the presence of trans athletes has been a major point of controversy at these Games, coming up repeatedly at IOC press conferences and in newspaper headlines around the world.

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How to finance climate goals will be the biggest hurdle at G7 and U.N. talks

Climate finance has emerged as the biggest stumbling block to progress at the high-stakes United Nations climate talks in Scotland in November. How the Group of 7 wealthy nations treats the issue Friday and Saturday may determine the outcome.

Why it matters: Providing the funding that was promised to developing countries might open up other areas of important conversation in Glasgow, such as setting more ambitious emissions reduction targets for 2030.

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Podcast: The art and business of political polling

The election is just eight days away, and it’s not just the candidates whose futures are on the line. Political pollsters, four years after wrongly predicting a Hillary Clinton presidency, are viewing it as their own judgment day.

Axios Re:Cap digs into the polls, and what pollsters have changed since 2016, with former FiveThirtyEight writer and current CNN politics analyst Harry Enten.

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