Talking About Drugs
Life-saving drugs, like insulin, have risen in price to astronomical highs over the recent years. Part of the reason for this is that the government, through Medicare, has until now had no way to combat price increases. They were legally barred from negotiating for different drug prices directly with manufacturers. Guess who put that in?
The Inflation Reduction Act, passed in 2022, introduced this ability, which means that the federal government, specifically the executive branch, to negotiate drug prices. As on of the largest medical consumers, the federal government is a heavyweight in the ring. How did we get here?
51-50 vote for Inflation Reduction Act (all Republicans voting against)
220-207 vote for Inflation Reduction Act (most Republicanst voting against)
Democratic leader of Executive branch negotiating with manufacturer.
Do you think this would have happened under Republican Leadership? Neither do we.
