Biden Wants to Cap Drug Prices. Will He Handicap Medical Innovation Instead?Posted on September 12, 2023 It’s insanity — Biden’s Big Government approach has failed again and again, driving up prices on everything he’s touched. Now, he claims he will bring down prescription costs through government caps on drug prices. As Mark is quick to point out, the only thing Biden’s Big Government approach will do is curtail your access to live-saving drugs.