Democrats' Bad Drug Deal

Hold on to your wallets! The same people who brought you record-high gasoline prices — i.e., President Joe Biden and the Democrats, not Vladimir Putin — now want to make prescription drugs "affordable." Does that mean that, like gasoline, we'll be paying twice as much for prescription drugs as we did a year earlier? Maybe, if they pass their new bill.

Their plan is a new spending bill that would radically alter Medicare's prescription drug benefit and hand billions of deficit-boosting dollars to the health insurance industry. Here's how.

The Affordable Care Act, better known as Obamacare, provides health coverage through Obamacare exchanges to some 12 million to 14 million people.