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Democrats seek narrow path to rein in cost of medicines

Democrats seek narrow path to rein in cost of medicines

ABC News
Monday, May 03, 2021 09:57:05 AM UTC

President Joe Biden’s call for authorizing Medicare to negotiate lower prescription drug prices has energized Democrats on a politically popular idea they’ve been pushing for nearly 20 years only to encounter frustration

WASHINGTON -- President Joe Biden’s call for authorizing Medicare to negotiate lower prescription drug prices has energized Democrats on a politically popular idea they've been pushing for nearly 20 years only to encounter frustration. But they still lack a clear path to enact legislation. That's because a small number of Democrats remain uneasy over government price curbs on pharmaceutical companies. House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer will need every Democratic vote in a narrowly divided Congress. Otherwise Democrats may have to settle for a compromise that stops short of their goal. Or they could take the issue into the 2022 midterm elections. “There is a path,” said Rep. Peter Welch, D-Vt., one of Pelosi's lieutenants. “But there’s also a challenge, and the challenge is we’ve got razor-thin margins.”
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