Biden Spotlights Drug Prices, Medicare, Social Security in State of the Union

Biden calls for expanding Medicare drug price negotiations to include up to 500 drugs over next decade.

President Biden delivering 2024 State of the Union address.
(Image credit: Chip Somodevilla/Getty Images)

President Joe Biden touted his administration’s achievements so far and vowed to protect Social Security and Medicare and fight high drug prices as he addressed the nation in his State of the Union address last night (March 7).

"Tonight, let's all agree once again to stand up for seniors. Many of my friends on the other side of the aisle want to put Social Security on the chopping block," he said. "Anyone here who tries to cut Social Security, Medicare or raise the retirement age, I will stop you."

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Esther D’Amico
Senior News Editor

Esther D’Amico is Kiplinger’s senior news editor. A long-time antitrust and congressional affairs journalist, Esther has covered a range of beats including infrastructure, climate change and the industrial chemicals sector. She previously served as chief correspondent for a financial news service where she chronicled debates in and out of Congress, the Department of Justice, the Federal Trade Commission and the Commerce Department with a particular focus on large mergers and acquisitions. She holds a bachelor’s degree in journalism and in English.