Biden takes victory lap on Inflation Reduction Act’s insulin cap, blames Republicans for not backing it – By Lawrence Richard (FOX Business) / Oct 9, 2022
Former President Donald Trump first capped the costs of insulin at $35 a month in 2020
President Joe Biden jumped on social media Saturday night to take a victory lap on the Inflation Reduction Act, a signature piece of legislation the president is parading ahead of November’s midterm elections.
In a pair of tweets, Biden — who campaigned on “Bringing America together” and “uniting our nation” — knocked Republicans for supporting only “the wealthiest Americans” and opposing a cap on insulin prices.
“If you’re on Medicare, your insulin will be capped at $35 a month thanks to the Inflation Reduction Act. We wanted to cut the cost of insulin for everyone—including hundreds of thousands of children with Type 1 diabetes—but Republicans voted to strike that out of the bill,” Biden tweeted.
In a separate tweet, Biden claimed Republicans were swift to help corporations. Democrats, he said, were swift to implement taxes against them.
