President Donald Trump on Thursday sent formal letters to more than a dozen major pharmaceutical companies demanding they slash U.S. drug prices within 60 days — or risk federal action. In a fiery post published on Truth Social, Trump revealed the letters, which instruct companies to offer their full range …
Read More »‘Watershed Moment’: Biden Admin Unveils First 10 Drugs Subject to Medicare Price Negotiations
Jake Johnson, Common Dreams The Biden administration on Tuesday unveiled a list of the first 10 prescription drugs that will be subject to direct price negotiations with Medicare, a key step toward curbing the pharmaceutical industry’s ability to drive up the costs of lifesaving medications at will. The list, released …
Read More »Dems Say Bill to Kill Price Controls Shows GOP ‘Wants You… to Spend More’ on Meds
Democratic leaders on Friday blasted a new Republican bill that would roll back modest prescription drug pricing reforms that U.S. President Joe Biden recently signed into law. Republican Sens. James Lankford (Okla.), Mike Lee (R-Utah), Cynthia Lummis (Wyo.), and Marco Rubio (Fla.) introduced a bill that would repeal the medication-related …
Read More »Democrats Announce Deal On Prescription Drug Pricing
On Tuesday, Congressional Democrats announced they had agreed on a plan to overhaul prescription drug pricing in the country. “Fixing prescription drug prices consistently has been a top issue for Americans year after year,” Senate Majority Leader Chuck Schumer said at a news conference. “We’ve heard this from people across …
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