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1A

The News Roundup For March 3, 2023

1A

NPR

News

4.34.5K Ratings

🗓️ 4 March 2023

⏱️ 85 minutes

🧾️ Download transcript

Summary

On Wednesday, Eli Lilly, one of the world's biggest pharmaceutical companies, announced it was slashing the price of its most widely prescribed insulin by 70 percent.

The U.S. Supreme Court began hearing oral arguments this week related to President Biden's student debt forgiveness plan.

Meanwhile, tempers did not calm in the West Bank this week. Following settler attacks on Palestinian villages, the violence has continued, causing Israeli officials to appeal for calm.

And President Biden welcomed a new trade deal on Monday, between the European Union and the United Kingdom, saying that its implementation would be vital in maintaining the Good Friday Agreement.

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Transcript

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0:00.0

Hey, it's Jen. Just a quick heads up before we start the show.

0:03.9

The news is rapidly developing and things may have changed by the time you hear this episode.

0:09.5

For the very latest news tune into your public radio station and follow updates at npr.org.

0:24.2

It's the news roundup. I'm Nailibutu of Axios today in For Jen White. Let's get into it.

0:29.4

This week's news will affect millions and millions of Americans. The price of insulin,

0:34.4

the end of emergency snap benefits, the future of student loan forgiveness. While the Supreme Court

0:39.8

debate student loan forgiveness, Congress is taking extra steps to examine U.S. relations with China.

0:45.7

In the media, the latest on the $1.6 billion defamation lawsuit against cable channel Fox News.

0:51.9

But let's start back at the beginning. Joining us from New York is Mary Harris,

0:55.7

the host and managing editor at what next, a daily news podcast from Slate. Happy Friday, Mary.

1:00.9

Hey, great to be here. In Washington, Benji Sarlin,

1:04.2

Washington Bureau Chief at SEMP4, Benji, welcome back.

1:07.5

Thanks so much. And John Yang, John is the new anchor for PBS News Weekend and a correspondent

1:12.8

for the PBS News Hour. John, thanks for joining us. Nailib, great to be here.

1:17.2

Let's start with a medical game changer. On Wednesday, Eli Lilly, one of the world's

1:21.9

biggest pharmaceutical companies announced it's capping the price of insulin to $35 a month

1:27.2

at most retail pharmacies. That's slashing the price of its most widely prescribed insulin by 70 percent.

1:33.5

And big news for the roughly eight million Americans who use insulin daily to treat diabetes.

1:39.7

Some have had to ration their dosage because of the cost and adequate insurance coverage.

1:45.6

And it comes at a time when the Biden administration has pressed the industry to rein in prices,

1:50.9

which have recently skyrocketed. Benji, this insulin cap has been a long ask of government officials

1:58.8

why now? Well, the political pressure has just increased and increased. And there's been some

...

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