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One of the most obvious and widely-supported (by the public) measures -- enabling the government to negotiate drug prices -- has already been cut from the bill. The usual excuse from the lobbyists -- any drug negotiation will destroy the ability of U.S. Big Pharma to innovate.

Meanwhile, the Democrats are playing chicken and might deep-six all the spending bills, never mind the Republican opposition.

The amounts are so large that they really would have Macroeconomic impact. And some of them (like Medicare covering dental, vision and hearing care) would cost a lot more than the estimates over time.

I wonder what the market reaction will be if the bills don't pass.
Wendy
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