Nancy Pelosi’s Plan to Lower Drug Prices in Jeopardy

Nancy Pelosi's Plan to Lower Drug Prices in Jeopardy

(TargetLiberty.org) – Yet again, the Democratic Party’s internal splits are getting in the way of lawmaking. The party is trying to continue former President Donald Trump’s efforts to lower prescription drug prices – but they can’t agree on how to do it.

House Speaker Nancy Pelosi (D-CA) has come up with HR3, a plan to cut the price of medicine. The problem is that Pelosi has gone too far. She wants federal regulators to be able to set price caps on drugs – and, while it’s no surprise Republicans are opposed to that sort of government overreach, many Democrats are too.

With the Senate split 50-50, some Democrats in the upper chamber think Pelosi’s bill will die on the Senate floor if it gets that far. Assuming a party-line vote, the bill is dead if even one Dem votes against it, and at least four are not likely to support Pelosi. Instead, Senator Ron Wyden (D-OR) and a group of other Democrat moderates are drawing up a new bill in hopes of a bipartisan solution that would strip out the attacks on business and stick to the core aim – giving Americans access to cheaper medication.

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