Schumer announces deal on prescription drug pricing, a key obstacle to mega-bill (Sinema in)
Schumer announces deal on prescription drug pricing, a key obstacle to mega-bill
Sen. Kyrsten Sinema, D-Ariz., a key holdout, endorsed the agreement.
Nov. 2, 2021, 12:31 PM EDT
By Sahil Kapur, Kyle Stewart, Garrett Haake and Frank Thorp V At NBC NEWS
https://www.nbcnews.com/politics/congress/pelosi-says-build-back-better-disputes-may-be-resolved-end-n1282989
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WASHINGTON — Senate Majority Leader Chuck Schumer, D-N.Y., said Tuesday that Democrats had reached an agreement on lowering prescription drug costs, particularly for seniors, one of the party's key disputes in the $1.75 trillion safety net bill.
"I'm pleased to announce that an agreement has been reached to lower prescription drug prices for seniors and families in the Build Back Better legislation," Schumer said after a Democratic caucus meeting. "Fixing prescription drug pricing has consistently been a top issue for Americans, year after year, including the vast majority of both Democrats and Republicans."
Sen. Kyrsten Sinema, D-Ariz., a key holdout, endorsed the agreement.
She "welcomes a new agreement on a historic, transformative Medicare drug negotiation plan," spokesman John LaBombard said, saying it will "reduce out-of-pocket costs for seniors — ensuring drug prices cannot rise faster than inflation — save taxpayer dollars, and protect innovation."
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