Senate Democrats strike a deal to cut prescription drug prices in Biden's social spending plan

[Polybius]

Source: Business Insider

After previously being considered left on the cutting room floor, a deal to lower prescription drug costs is back in President Joe Biden's Build Back Better framework.

Senate Majority Leader Chuck Schumer made the announcement Tuesday afternoon, noting that Democratic Sen. Kyrsten Sinema of Arizona is on board.

This is a developing story. Check back for updates.

Read more: https://www.businessinsider.com/lowering-prescription-drug-cost-congress-progress-schumer-sinema-deal-biden-2021-11

[JohnSJ]

1. What about Manchin?

[brooklynite]

6. Does DU support advocating violence?

[Boydog]

7. Not violence. It would be a public service.

[orangecrush]

9. ....

[The Magistrate]

8. Lord Knows I Have At Times, Sir

Of course, people here speak for themselves, do not always agree, and often give vent to anger by blowing off a bit of spleen.

Or perhaps an alert did not go as you wished?


"Men of reason all are men of violence at heart."

[orangecrush]

10. I took it as it was intended

As a metaphor.

[brooklynite]

12. I didn't alert; doesn't mean I'm not dissapointed.

[The Magistrate]

15. Fair Enough, Sir

That was an afterthought I should probably not have circled back with. I believe the post was gone by the time I posted up on edit. Someone did and the jury spoke. I'm not disappointed with the decision.

[durablend]

2. She's on board, meaning

"he" who shall remain nameless will torpedo it, amiright?

[lapucelle]

3. Thank you leader Schumer! N/T

[Budi]

4. Thank you Senate Maj Leader Schumer. Deals are sealed behind closed doors.

Appreciate your skill & steadily inching forward, to get Biden's BBB done, signed & out to Americans.

Much will change once its signed. The brighter future for this nation will begin because of our President, Vice President & the many leaders who stepped up to concieve, write & deliver this iconic gift for all generations to build upon.

Thanks to the wisdom, skill, fortitude & love of country by our Democratic Leaders!

We Voted for you & you delivered.

President Biden's BBB will be passed & signed.

[Cryptoad]

11. M$M Alert!,,,

Quit blaming President Biden for Sen Manchin's actions!

[Javaman]

13. let me guess, manchin is okay with it, until he's not.

wait till the 11th hour when he pulls support.

lucy van pelt could learn a few things from him.

[24601]

14. Nobody in Congress has asked me; however, my position is that we should allow drug makers to sell

their products in the United States only if their prices here are no higher that the lowest they charge anywhere else. If they are unwilling to provide us the equivalent of "most favored nation," they would not be allowed to sell drugs in this country.

[ancianita]

16. Absolutely.

[notinkansas]

17. This is a rather curious deal

if the reporting in The Hill is correct.

https://thehill.com/policy/healthcare/579660-schumer-announces-deal-to-lower-prescription-drug-prices?rl=1

The deal would allow negotiation after nine years for many drugs, known as small molecule drugs, and after 12 years for more complex drugs known as biologics, according to a summary obtained by The Hill.

Medicare could negotiate up to 10 drugs starting in 2025, and up to 20 drugs in 2028 and beyond, according to the summary.

So no negotiation until after the next presidential election. The timing of that is necessary ... why?

And new drugs will be excluded because of the 9 and 12 year wait period.

sigh.

[NowISeetheLight]

18. $32b a year for ten most expensive drugs

Medicare spends this much per year for the top 10. List in this article.

https://medicareenrollment.com/top-10-expensive-medicare-drugs/