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Biden, Harris set to announce lower prescription drug prices at first joint event since he dropped out of 2024 race

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Washington — President Biden and Vice President Kamala Harris are unveiling a new milestone Thursday in the administration’s efforts to lower prescription drug prices in their first official appearance together since the president exited the 2024 race.  

Slated to appear at Prince George’s County Community College in Maryland, Mr. Biden and the party’s new presidential nominee, Harris, are expected to announce the outcome of the first Medicare drug price negotiation as part of the administration’s efforts to lower costs for Americans

In a statement Thursday, the president said that for the first time, Medicare has reached agreements with drug manufacturers on lower prices for all 10 of the drugs selected for the initial round of negotiation. “It’s a relief for the millions of seniors that take these drugs to treat everything from heart failure, blood clots, diabetes, arthritis, Crohn’s disease, and more – and it’s a relief for American taxpayers,” Mr. Biden said.

The 10 prescription drugs in the first round included big names like Eliquis, Jardiance and Stelara, and others that have among the highest spending in Medicare Part D. The lower prices, which take effect in 2026, could save taxpayers around $6 billion in the first year, the White House said, while those who are enrolled in Medicare Part D would save around $1.5 billion in out-of-pocket costs. 

The negotiated prices came after the passage of the Inflation Reduction Act, which gave Medicare the ability to negotiate with drugmakers on prescription prices. The president credited Harris’ tie-breaking vote in the Senate for propelling the legislation to passage in 2022. 

Harris, who vaulted to the top of the Democratic ticket less than a month ago when Mr. Biden announced he wouldn’t be running for reelection, said in a statement that the administration isn’t stopping here, with plans to select additional drugs for price negotiations each year. The White House has also touted extending the $35 cap on insulin for Medicare recipients to the commercial market.

“President Biden and I will never stop fighting for the health, wellbeing, and financial stability of the American people,” she said. 

While Harris hit the campaign trail in the aftermath of the president’s announcement that he would not run for reelection, Mr. Biden has largely kept out of the spotlight. 



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Harris pitching economic plans in Pittsburgh after Trump’s Savannah remarks

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Harris pitching economic plans in Pittsburgh after Trump’s Savannah remarks – CBS News


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Vice President Kamala Harris will present more of her economic plans in Pittsburgh, Pennsylvania, Wednesday. This comes after former President Donald Trump made remarks in Savannah, Georgia, about the economic policies he is proposing. CBS News political director Fin Gómez and CBS News campaign reporter Olivia Rinaldi have more.

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Meet Pesto the Penguin, Australia’s nearly 50-pound baby penguin capturing hearts worldwide with its hefty fluff

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An aquarium in Australia is now home to the biggest baby penguin it has ever seen. Pesto, a 9-month-old king penguin, has weighed in at just under 50 pounds — more than the weight of both his parents combined. 

Sea Life Melbourne Aquarium has been sharing Pesto’s journey since he hatched on Jan. 30. It didn’t take long for the fluffy baby animal to shock aquarium employees, but also win over their hearts. By April 24, when Pesto was just 3 months old, he already weighed 9.1 kilograms, about 20 pounds. According to the Associated Press, his foster parents Hudson and Tango weigh 11 kg, about 24 pounds, each. 

“He eclipses them now, which also makes him look comically large,” Melbourne aquarist Jacinta Early told CBS News’ partner BBC

Australia Pesto the Penguin
Pesto, right, a huge king penguin chick who weighs as much as both his parents combined, mingles in his enclosure at Sea Life Melbourne Aquarium, Friday, Sept. 20, 2024, and has become a social media celebrity and a star attraction at the aquarium.

Rod McGuirk / AP


By early September, the aquarium said Pesto weighed in at just over 46 pounds, and by the end of the month, the AP said Pesto had reached 49 pounds. 

The aquarium says on its website that many factors contribute to Pesto’s “impressive weight.”

“Firstly, his biological dad, Blake, is our biggest and oldest penguin,” the aquarium says on its website. “Secondly, he’s had amazing parents raising him! So, the combination of good genes and good parents explains his current weight, but he will lose a lot of this when he fledges (develops his adult feathers).” 

His “very healthy appetite” is also a factor, Early told the BBC. Pesto will eat up to 30 fish that are hand-fed to him ever day.

King penguins are the second-largest penguin species in the world, according to the American Bird Conservancy, and will typically fledge when they’re 14 to 16 months old. While male penguins are usually slightly larger than females, the Australian Antarctic Program says that the average penguin size is far below Pesto’s current size, with peak weights ranging between 10 and 15 kg — 22 to 33 pounds — during courting periods. 

“If I poked him, my entire finger would completely [disappear] deep in his feathers,” Early said. “When he does start to fledge, he’ll lose a lot of that baby fluff, and he’ll also lose much of that weight, so he’ll slim down nice and sleek.” 

Keepers at the aquarium told the Associated Press they expect him to end up at around 33 pounds after he loses “that really adorable baby fluff.”

Videos the aquarium has posted of Pesto have taken the internet by storm. 

Even Katy Perry has joined in on the love for Pesto. In one TikTok that’s racked up more than 4 million views, aquarium staff members are seen dancing with Pesto to one of Perry’s songs. Perry responded, saying she “will come by and get a blessing” before her expected performance at the Australian Football League’s grand final.

“Our chonky King workin’ it,” the aquarium says in another video of the massive baby penguin walking behind one of the adult birds in the enclosure — with a strut that can only be described as a seemingly difficult waddle.

The Associated Press says that Pesto has been the only king penguin to hatch at the aquarium so far this year and the first since 2022. That year, there were just six hatchlings. 





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Eye Opener: Tropical Storm Helene bearing down on Florida

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Eye Opener: Tropical Storm Helene bearing down on Florida – CBS News


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A massive storm bears down on Florida and is gathering strength. Also, Israel continues to pound Hezbollah targets in Lebanon as fears of a larger Middle East war dominate the U.N. General Assembly. All that and all that matters in today’s Eye Opener.

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