{"id":1029452,"date":"2024-02-01T18:05:33","date_gmt":"2024-02-01T18:05:33","guid":{"rendered":"https:\/\/democrats.org\/?p=1029452"},"modified":"2024-05-20T03:38:59","modified_gmt":"2024-05-20T03:38:59","slug":"president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/","title":{"rendered":"President Biden Lowers Prescription Drug Costs as Trump Rails Against Affordable Health Care\u00a0"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

Following President Biden\u2019s announcement today to hold Big Pharma accountable and deliver for America\u2019s seniors, DNC Rapid Response Director Alex Floyd released the following statement:<\/em><\/strong><\/p>\n\n\n\n

\u201cPresident Biden took on Big Pharma and won, and now he\u2019s delivering on his promise to lower prescription drug costs and ensure Americans can access the critical health care they deserve. While Donald Trump and MAGA Republicans want to strip away Medicare\u2019s ability to negotiate for fairer drug prices and put Big Pharma back in charge, President Biden is taking on special interests and putting hardworking families first.\u201d <\/p>\n\n\n\n

NEW: Under President Biden, Medicare is sending initial offers to manufacturers to negotiate lower drug prices.<\/strong><\/p>\n\n\n\n

USA Today<\/a>: \u201cAiming to make life-saving medications more affordable, the Biden administration on Thursday sent offers to drug companies who make 10 widely prescribed drugs for older Americans.\u201d<\/p>\n\n\n\n

New York Times<\/a>: \u201cThe medicines selected for negotiations are taken by millions of Americans to treat conditions like diabetes, cancer and heart disease. \u2026 The initial round of price offers is a key step in the negotiation process.\u201d<\/p>\n\n\n\n

MAGA Republicans cut a critical provision in the Inflation Reduction Act that would have lowered the cost of insulin for private insurers to $35\/month. <\/strong><\/p>\n\n\n\n

CBS News<\/a>: \u201cSenate Republicans on Sunday blocked a $35 monthly cap on the cost of insulin in the private market from being included in Democrats’ economic tax and spending package, voting down an amendment to the measure during a marathon session leading up to what Democrats hope will be final passage of the bill.\u201d<\/p>\n\n\n\n

The Hill<\/a>: \u201cSenate Republicans on Friday introduced a bill that would roll back the drug pricing reforms included in the sweeping Inflation Reduction Act, including the measures allowing Medicare to negotiate drug prices and capping annual drug expenses for many seniors.\u201d<\/p>\n\n\n\n

\u201cThe bill allows Medicare to negotiate drug prices for the first time in the program\u2019s history. It also placed a $2,000 out-of-pocket cap on annual drug costs for seniors on Medicare, as well as a $35 monthly cop for insulin. \u2026 If passed, the bill states it would make it so that the drug pricing measures in the Inflation Reduction Act \u2018had never been enacted.\u2019\u201d<\/p>\n\n\n\n

Axios<\/a>: \u201cSome key House Republicans are calling for the repeal of Democrats’ newly-passed drug pricing measure if the GOP flips control of one or both chambers of Congress next year. Why it matters: The comments show Republicans are not giving up the fight against sweeping measures aimed at lowering prescription drug prices, and give a glimpse of what their health agenda could look like.\u201d<\/p>\n\n\n\n

MAGA Republicans in Congress continue to put giant pharmaceutical companies ahead of American families by fighting to gut key parts of the Inflation Reduction Act that lower health care costs.  <\/strong><\/p>\n\n\n\n

White House Fact Sheet<\/a>: \u201cBy 2031, repealing this provision would: <\/p>\n\n\n\n

Cost seniors $7 billion per year.<\/p>\n\n\n\n

Increase federal deficits by $14 billion per year.<\/p>\n\n\n\n

Give away over $20 billion to pharmaceutical companies per year.\u201d<\/p>\n\n\n\n

White House Fact Sheet<\/a>: \u201cMonthly insulin costs for Medicare beneficiaries are now capped at $35\u2014providing certainty and critical cost savings for seniors who in some cases were paying as much as $400 for a month\u2019s supply of insulin. The Republican Study Committee budget, as well as the House Budget Committee-passed budget plan, propose to repeal this and other IRA drug price reforms. Repealing this provision would mean the 1.5 million Medicare beneficiaries who use insulin could see their annual costs rise by an average of $500.\u201d<\/p>\n\n\n\n

White House Fact Sheet<\/a>: \u201cBlocking implementation of the president\u2019s international tax reform proposals means: Protecting a system in which Big Pharma can lower its taxes to under 12% by shifting profits offshore.\u201d<\/p>\n\n\n\n

While in office, Trump attempted to limit consumer choice by trying to stop the federal government from seizing patents on expensive drugs.    <\/strong><\/p>\n\n\n\n

STAT News<\/a>: \u201cIn a little-noticed move, a [Trump] Commerce Department unit has proposed a new rule that would prevent the federal government from using a controversial legal provision known as \u2018march-in rights\u2019 to combat the high prices of products developed with taxpayer dollars. And if adopted, the change may rob Americans of a tool that could be used to lower prescription drug costs, according to consumer advocates.\u201d<\/p>\n\n\n\n

Trump is hellbent on repealing the Inflation Reduction Act and rolling back the progress made for American families. <\/strong><\/p>\n\n\n\n

Insider<\/a>: \u201cFormer President Donald Trump on Friday slammed the Democratic-led climate, health, and tax bill, arguing that Republican Senate Minority Leader Mitch McConnell of Kentucky was \u2018taken for a ride\u2019 by Sen. Joe Manchin of West Virginia.\u201d<\/p>\n\n\n\n

Trump continues to campaign on a MAGAnomics agenda that would rip away health care from millions of Americans. <\/strong><\/p>\n\n\n\n

Daily Beast<\/a>: \u201cTrump Revives Plan to Dismantle Obamacare if Elected in 2024\u201d<\/p>\n\n\n\n

Mediaite<\/a>: \u201c\u2018OBAMACARE SUCKS!!!\u2019 Trump Rants About New Plan \u2014 Years After He Promised It Was \u2018Two Weeks\u2019 Away\u201dTrump<\/a>: \u201cThe cost of Obamacare is out of control, plus, it\u2019s not good Healthcare. I\u2019m seriously looking at alternatives. We had a couple of Republican Senators who campaigned for 6 years against it, and then raised their hands not to terminate it. It was a low point for the Republican Party, but we should never give up!\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Following President Biden\u2019s announcement today to hold Big Pharma accountable and deliver for America\u2019s seniors, DNC Rapid Response Director Alex Floyd released the following statement: \u201cPresident Biden took on Big Pharma and won, and now he\u2019s delivering on his promise to lower prescription drug costs and ensure Americans can access the critical health care they […]<\/p>\n","protected":false},"author":263,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1029452","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"\nPresident Biden Lowers Prescription Drug Costs as Trump Rails Against Affordable Health Care\u00a0 - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-01T18:05:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-20T03:38:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/War-Room-Master-Image.png?w=1024\" \/>\n<meta name=\"author\" content=\"Claire DePree\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Claire DePree\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/\",\"url\":\"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/\",\"name\":\"President Biden Lowers Prescription Drug Costs as Trump Rails Against Affordable Health Care\u00a0 - Democrats\",\"isPartOf\":{\"@id\":\"https:\/\/democrats.org\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/War-Room-Master-Image.png?w=1024\",\"datePublished\":\"2024-02-01T18:05:33+00:00\",\"dateModified\":\"2024-05-20T03:38:59+00:00\",\"author\":{\"@id\":\"https:\/\/democrats.org\/#\/schema\/person\/c31239f43161314a03057960c56c0564\"},\"breadcrumb\":{\"@id\":\"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/#primaryimage\",\"url\":\"https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/War-Room-Master-Image.png\",\"contentUrl\":\"https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/War-Room-Master-Image.png\",\"width\":1500,\"height\":500},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/democrats.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"President Biden Lowers Prescription Drug Costs as Trump Rails Against Affordable Health Care\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/democrats.org\/#website\",\"url\":\"https:\/\/democrats.org\/\",\"name\":\"Democrats\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/democrats.org\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/democrats.org\/#\/schema\/person\/c31239f43161314a03057960c56c0564\",\"name\":\"Claire DePree\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/democrats.org\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/262c0b3f1914330fe3241c699fd21798ee92a8504fc6296028e8fa17334d1151?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/262c0b3f1914330fe3241c699fd21798ee92a8504fc6296028e8fa17334d1151?s=96&d=mm&r=g\",\"caption\":\"Claire DePree\"},\"url\":\"https:\/\/democrats.org\/news\/author\/depreec\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"President Biden Lowers Prescription Drug Costs as Trump Rails Against Affordable Health Care\u00a0 - Democrats","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/","og_locale":"en_US","og_type":"article","og_site_name":"Democrats","article_published_time":"2024-02-01T18:05:33+00:00","article_modified_time":"2024-05-20T03:38:59+00:00","og_image":[{"url":"https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/War-Room-Master-Image.png?w=1024","type":"","width":"","height":""}],"author":"Claire DePree","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Claire DePree","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/","url":"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/","name":"President Biden Lowers Prescription Drug Costs as Trump Rails Against Affordable Health Care\u00a0 - Democrats","isPartOf":{"@id":"https:\/\/democrats.org\/#website"},"primaryImageOfPage":{"@id":"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/#primaryimage"},"image":{"@id":"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/#primaryimage"},"thumbnailUrl":"https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/War-Room-Master-Image.png?w=1024","datePublished":"2024-02-01T18:05:33+00:00","dateModified":"2024-05-20T03:38:59+00:00","author":{"@id":"https:\/\/democrats.org\/#\/schema\/person\/c31239f43161314a03057960c56c0564"},"breadcrumb":{"@id":"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/#primaryimage","url":"https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/War-Room-Master-Image.png","contentUrl":"https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/War-Room-Master-Image.png","width":1500,"height":500},{"@type":"BreadcrumbList","@id":"https:\/\/democrats.org\/news\/president-biden-lowers-prescription-drug-costs-as-trump-rails-against-affordable-health-care\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/democrats.org\/"},{"@type":"ListItem","position":2,"name":"President Biden Lowers Prescription Drug Costs as Trump Rails Against Affordable Health Care\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/democrats.org\/#website","url":"https:\/\/democrats.org\/","name":"Democrats","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/democrats.org\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/democrats.org\/#\/schema\/person\/c31239f43161314a03057960c56c0564","name":"Claire DePree","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/democrats.org\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/262c0b3f1914330fe3241c699fd21798ee92a8504fc6296028e8fa17334d1151?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/262c0b3f1914330fe3241c699fd21798ee92a8504fc6296028e8fa17334d1151?s=96&d=mm&r=g","caption":"Claire DePree"},"url":"https:\/\/democrats.org\/news\/author\/depreec\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/posts\/1029452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/users\/263"}],"replies":[{"embeddable":true,"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/comments?post=1029452"}],"version-history":[{"count":2,"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/posts\/1029452\/revisions"}],"predecessor-version":[{"id":1032115,"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/posts\/1029452\/revisions\/1032115"}],"wp:attachment":[{"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/media?parent=1029452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/categories?post=1029452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/democrats.org\/wp-json\/wp\/v2\/tags?post=1029452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}