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Under the package, patients wouldn’t see prices that Medicare negotiates directly with drugmakers until 2026, and they would only involve 10 high-cost drugs.
Democrats included a delay of the switch to a less generous break to fiscal 2026 in their $2.2 trillion social safety net and climate package.
A change to how companies count research and development expenses, which would’ve undercut their ability to deduct that spending, would be pushed off to 2026.
Spending drops sharply after 2026, when only full refundability would remain in place. About $13 billion of that cost would be for keeping it fully refundable in the second half of the decade.
, the CBO said if current laws generally remain unchanged, debt as a share of the economy will fall slightly from an estimated 102.3 percent of GDP in fiscal 2021 to slightly less than 101 percent in 2026