Economy

CBO: House Democratic bill to lower drug prices will raise wages by $116 billion

House Democrats’ bill to lower drug prices would raise wages for people on employer-sponsored health insurance by $116 billion over 10 years, according to the Congressional Budget Office (CBO) CBO and JCT estimate that Title I would increase these taxable wages and salaries for people on employment-based health insurance (not counting those in the Federal Employees ir”utttr Benefiis program) MORE

Economy

Farm troubles raise risk for Trump in trade talks

Almost 40% of farm profits this year are expected to come from federal assistance, including the trade programme, according to the American Farm Bureau.

But the payments have stirred controversy as the biggest, richest farms – including some foreign-owned firms – collect a majority of the relief. Lobby groups also maintain farmers want markets, not subsidies. MORE