Truthout
Drug Pricing

Schumer: Inflation Reduction Act Has Votes to Pass After Concessions to Sinema
Democrats removed a proposal to block hedge fund managers from dodging millions in taxes on Sinema’s behalf.

GOP Opposition to Drug Pricing Bill Shows Scope of Big Pharma’s Grip on Congress
Republicans are opposing legislation that would lower drug costs for millions.

Sanders: Democrats’ Drug Pricing Plan “Goes Nowhere Near as Far as It Should”
Sen. Bernie Sanders suggested that pharmaceutical industry lobbying weakened the proposal.

Pharma Is Mobilizing to Tank Democrats’ Effort to Cut Prescription Drug Costs
The pharmaceutical industry is mobilizing its army of lobbyists to attack Senate Democrats' Medicare drug pricing plan.

Big Pharma Has Raised Drug Prices 1,186 Times This Year, Report Says
The pharmaceutical industry exercised its virtually unlimited pricing power to hike costs yet again this month.

CBO: Letting Medicare Negotiate Drug Prices Would Save US Nearly $290 Billion
The Democrats' proposal would impose punishment on pharmaceutical companies that increase prices faster than inflation.

Progressives Blast Manchin’s Hypocrisy in Calling for Lower Drug Prices
People were quick to point out that Manchin blocked the Build Back Better Act that would have lowered drug prices.

Biden Can Reduce Prescription Drug Prices Without Congress, Warren Says
The senator cites public health and legal experts who say that the executive branch can intervene without Congress.

Efforts to Limit Drug Prices Are Stalled — and Pharma Is Seizing an Opening
Big Pharma is jacking up drug prices. Democrats worry their failure to curb prices will cost them seats in the midterms.

Pharma Hikes Cost of 866 Drugs While Lobbying to Kill Build Back Better
Bernie Sanders condemned the price increases as “profoundly wrong” and called on Congress to act.