Friday, August 16, 2024

Remember when Republicans sided with Big Pharma to keep drug prices high?

 
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Heather Cox Richardson provides a reminder in yesterday Letter from an American:
Republicans opposed the measure, siding with drug company executives who insist that high prices are necessary to create an incentive for drug companies to innovate, as their investment in research and development depends on the revenue they expect from new drugs. Ultimately, not a single Republican voted for the Inflation Reduction Act itself, and Vice President Kamala Harris cast the tie-breaking vote that gave the act the votes to go to the president’s desk.

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