Democrats’ landmark new drug pricing legislation could actually result in an initial increase in drug prices, according to information released Thursday by the Congressional Budget Office (CBO).
The non-partisan CBO reported that the legislation, which places a cap on price increases so they cannot go up faster than inflation, could lead drug companies to raise launch prices of new drugs to make up the difference. The CBO also said that allowing Medicare to negotiate certain drug prices directly would contribute, albeit not as much, to higher prices.
The possibility that pharmaceutical companies will counteract the inflation-linked price cap by simply raising starting prices will undercut some messaging in favor of the bill, which Democrats argue will rein in major corporations allegedly price-gouging Americans for necessary medicine.
Time to BAN this Anti-American Communist Democrat Party !!!!
ALL their Fault for ALL of it !!!!
Time to oust the 3 MARXIST Democrats in the Senate from MD CHRIS VAN HOLLAND first then BEN CARDIN and last but not least JAMIE RASKINS. VAN Holland does not represent the ones that elected him. His office just has started working part time in the office and I talked to one that was very rude and disrespectful and cut me off THEN hung up on me.
These are elected by SOROS and his “DARK MONEY”. The EASTERN SHORE needs to wakeup and reject these Democrat MARXIST policies
Democrats think if you can afford the drug prices you dont need to live
Why are people so dependent on DRUGS? No one is held responsible to change their lives or habits that contribute to their malaise. It’s ok to just be obese diabetic and lethargic and that’s some norm HOW? Yet they think they are better than immigrants and Welfare Queens. Buck up people our grandparents did not live like this. They disparage drug addicts but they themselves are too. Change your mind and change your ways unless you are truly retarded or crippled. Sad you are so dependant and the Democratic Pushers just gave you a break with big Pharm.
Uh………..what drug are you on?