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Legal fights and loopholes could blunt Medicare's new power to control drug prices

President Biden speaks during an event Tuesday celebrating the passage of the Inflation Reduction Act on the South Lawn of the White House. The new law gives Medicare the power to negotiate drug prices. (Getty Images)
President Biden speaks during an event Tuesday celebrating the passage of the Inflation Reduction Act on the South Lawn of the White House. The new law gives Medicare the power to negotiate drug prices. (Getty Images)

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