Drug prices are too high.
CNN: Sens. Grassley, Wyden reach bipartisan deal to lower drug prices
The Senate Finance Committee Tuesday rolled out its long-awaited bipartisan plan aimed at lowering prescription drug prices.
Committee Chairman Sen. Chuck Grassley, Republican of Iowa, and Ranking Member Sen. Ron Wyden, Democrat of Oregon, are the latest congressional duo to address the problem that’s a top priority for many Americans, as well as President Donald Trump.
Gallup: Big Pharma Sinks to the Bottom of U.S. Industry Rankings
The pharmaceutical industry is now the most poorly regarded industry in Americans’ eyes, ranking last on a list of 25 industries that Gallup tests annually. Americans are more than twice as likely to rate the pharmaceutical industry negatively (58%) as positively (27%), giving it a net-positive score of -31. The restaurant industry is rated most positively.
Vox: The new bipartisan Senate bill aimed at making Big Pharma lower drug prices, explained
While many pharmaceutical companies benefit from federal funding for research, this doesn’t necessarily translate to lower prices for patients who ultimately buy the drugs that are developed. In other words, the government is effectively subsidizing companies’ ability to develop drugs and then charge exorbitant prices for them.
Sens. Chris Van Hollen (D-MD) and Rick Scott (R-FL) want to change that.
The Hill: PhRMA spent record-high $29 million on lobbying in 2019
The powerful trade group representing the prescription drug industry spent a record-high $29 million lobbying Congress in 2019, according to disclosure reports released Tuesday.
Salon: “Nobody likes getting ripped off by pharmaceutical corporations”
It doesn’t matter where you live in this country or what your political identification is; nobody likes getting ripped off by pharma. Everybody wants their members of Congress to drastically lower drug prices by taking on big pharma’s greed and breaking up pharmaceutical monopolies.