Drug Pricing Initiatives: Discussion continues regarding pathways to Senate passage of H.R. 5376 (the Build Back Better Act, or BBBA). Potential approaches include a reduced or modified version of the BBBA, although details and timing remain unclear. In a speech on Feb. 10, 2022, President Biden urged passage of the drug pricing portions of the BBBA, stating that “bringing down the cost of prescription drugs is an easy thing for us to do” and could be “done legally with the stroke of a pen.” Meanwhile, Senator Bernie Sanders and Senator Amy Klobuchar introduced the Cutting Medicare Prescription Drug Prices in Half Act, which would cap reimbursement under Medicare Part B and Part D for all drugs at the lower of the amount paid by the Secretary of Veterans Affairs to procure the drug, or the amount paid to procure the drug through the Federal Supply Schedule of the General Services Administration.