FOR IMMEDIATE RELEASE
May 11, 2018
Washington, D.C. – Energy and Commerce Ranking Member Frank Pallone, Jr. (D-NJ) released the following statement today in reaction to President Donald Trump’s speech on lowering prescription drug prices:
“After promising to take on the drug industry and lower costs, today’s proposal is an empty gesture that will not meaningfully reduce the cost of prescription drugs for everyday families. In fact, some of the proposals outlined today may increase drug costs by undermining the 340B program.
“While Trump campaigned on a promise to take on prescription drug prices, all he has done since taking office is conspire with Congressional Republicans to shower drug companies with billions of dollars in tax breaks that ballooned the national debt.
“If President Trump was serious about lowering the cost of drugs, he would work with Congress on a bipartisan basis to change the law to allow Medicare to negotiate for lower prices and curb abuses used by brand name drugs to delay or block generic competition. Instead, all we are getting is more broken promises and cheap talk while drug prices continue to skyrocket.”
1 comment:
Yes Frank raise taxes on them that will lower prices. I am so embarrassed that this moron is my representative
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