Prescription drug costs pose a stumbling block for Democrats on spending bill

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Democrats in Congress face difficult decisions about how to tackle prescription drug costs for seniors after it emerged as a sticking point between lawmakers.

but President Joe Biden's proposal to allow Medicare to negotiate drug prices has already hit opposition among some Democrats, and is the target of extensive lobbying efforts by pharmaceutical companies.the limit placed on how much a taxpayer can deduct from federal taxes for payments to their local and state government. Democrats in high-cost areas want the cap raised but lawmakers haven't decided how to go about it.

As the negotiations enter a new phase, President Joe Biden will speak with House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer later on Thursday about"moving the Build Back Better agenda forward," White House press secretary Jen Psaki said. PhRMA, the drug industry lobby, is waging a campaign to kill the provision, launching TV ads aimed at scaring seniors about its implications, and arguing that allowing Medicare to negotiate prices would threaten older voters' access to medicine they want.The party avoided the"SALT" issue entirely in the Ways and Means Committee, but a group of lawmakers from high-tax states, led by Rep. Tom Suozzi, D-N.Y.

Separately, centrists have urged Pelosi not to make them vote on a version of the tax and spending bill that has no chance of passing the Senate. They argue that a bill that's too liberal to become law could be used to hurt them politically come election time.

 

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Audit the finances of lawmakers that oppose it. I think we all know what they would find. Besides finding the fact that our political system rife with corruption, and thus broken.

Are we becoming hitlers Germany! Stop senior hate!

Stop senior hate!

No, they don't. Find a candidate who isn't beholden to big pharma and primary their asses.

It’s not difficult. Stop being corrupted by big pharma. Write and pass universal healthcare legislation.

The power of the legalized drug pushers. If you read the history of the pharmaceutical industry, it’s about as evil and corrupt as it gets. They are raking in billions on this vaccine, yet they are so greedy that they don’t want to negotiate bulk pricing .

good luck

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Prescription drug costs pose a stumbling block for Democrats on spending billThe package is full of contentious issues, but President Joe Biden's proposal to allow Medicare to negotiate drug prices has already hit opposition among some Democrats, and is the target of extensive lobbying efforts by pharmaceutical companies. Reminder. POTUS RAISED insulin prices in his first month. Payback to big Pharma.
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Democrats' Stumble on Drug Prices Shows Power of IndustryHouse Democrats writing the health provisions of their big social spending bill aimed high: new coverage for poor Americans without insurance; extra subsidies for people who buy their own coverage; and new dental, hearing and vision benefits for older Americans through Medicare. To pay for those, they also aimed high when it came to lowering drug prices. A measure that would link the prices of certain prescription drugs to those paid overseas was devised to save the government enough money to of It’s not “power” of the industry but the corruption of lawmakers that is on display.
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