Democrats' proposed 95 percent tax on drugs means fewer lifesaving cures, nearly a million jobs lost, an end to America’s leadership.
Tag: prescription drug price
The Statutory Pay-As-You-Go Act of 2010 (Statutory PAYGO) requires OMB to make public and continuously update scorecards that provide important information to Congress and the public indicating whether automatic cuts to mandatory programs, such as Medicare, will occur at the end of a session of Congress. Such cuts are the consequence of unpaid spending legislation that has been enacted.
The U.S. House Committee on Energy and Commerce Committee deadlocked on a vote to approve legislation that would put the federal government in charge of drug prices. The tie vote means the measure does not advance out of this committee for now, and dramatically reduces the likelihood of the bill becoming law later this year.