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Who will win the fight over drug prices?

Medicare is scheduled to start negotiating lower prices in the fall with drug companies as a part of the Inflation Reduction Act President Biden signed in 2022, but several of the largest players hope they never have to negotiate at all. Leading industry groups sued the administration in June, claiming the program violates the First and Fifth Amendments. Josh Nathan-Kazis, health care reporter for Barron's, joined CBS News to examine the legal arguments in the case.

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Face The Nation: Hutchinson, Kashkari, Nirenberg

Missed the second half of the show? The latest on…former Arkansas Gov. Asa Hutchinson, who is seeking the Republican nomination for president, discussed a proposed mental acuity test for politicians over 75, Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, discussed the bright spots on the economic front from last week, and San Antonio Mayor Ron Nirenberg discussed the ongoing heat wave has put much of the Southeastern U.S. under dangerous heat alerts.

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Hunter Biden plea deal falls apart

A plea agreement between federal prosecutors and Hunter Biden fell apart Wednesday after the judge refused to sign off on a deal that would have seen the president's son enter guilty pleas to two misdemeanor tax charges and enter a diversion program in lieu of pleading guilty to a felony gun possession count. After the deal collapsed, Hunter Biden entered a not guilty plea. Chief Washington correspondent Major Garrett anchored CBS News' special report.

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