Conservative Democrats have been fighting to keep a drug price negotiation provision out of the reconciliation bill.
Pharma “owns the Republican Party,” Sanders said, but there’s “no excuse” for Democrats to oppose lowering drug prices.
If they vote with conservatives, they are conservatives.
The tax would raise $5.4 trillion in revenue and still leave the world’s billionaires about $55 billion richer.
The rule will eliminate a key way of controlling the costs of drugs and other inventions built from federal research.
The senator says allowing Medicare to negotiate drug prices with pharmaceutical companies could help pay for expansions.
The report bolsters Sen. Bernie Sanders’s push to address inexcusably high prescription drug prices in the U.S.
“How many people need to get unnecessarily sicker before Congress is prepared to take on the greed?” Sanders asked.
Pharmaceutical giant Gilead is poised to make massive profits from patented COVID-19 drugs.
Coronavirus is an opportunity to rake in public funding and turn out massive profits with few financial risks.