Democrats must find narrow path to curb high medicine prices
Associated PressWASHINGTON — President Joe Biden’s call for authorizing Medicare to negotiate lower prescription drug prices has energized Democrats on a politically popular idea they’ve been pushing for nearly 20 years only to encounter frustration. “I don’t think anybody is fully prepared for the onslaught we expect from PhRMA,” said Margarida Jorge, campaign director for Lower Drug Prices Now, a coalition backing Medicare negotiations. One option for Pelosi and Schumer would be to splice the Medicare legislation into a mammoth bill delivering Biden’s “American Jobs Plan” promises on social programs and infrastructure. Among them is Sen. Bob Menendez of New Jersey, whose office says he believes “any drug pricing bill must deliver real savings for consumers at the pharmacy counter, not just achieve savings to the government or overall system.” “It’s going to be a heavy lift,” said policy expert Rother.