Murray Praises Major Wins for Patients From First Ever Medicare Drug Price Negotiations, Warns of Republican Plans to Repeal Progress in Project 2025

Statement

Date: Aug. 15, 2024
Location: Washington, D.C.

These lower drug prices negotiated by the Biden-Harris administration, using the authority Democrats empowered them with, will make a world of difference for countless patients when they go into effect in 2026. We are talking price cuts of hundreds and thousands of dollars a month which will help millions of patients across the country, and the law requires more drugs to be added to the negotiating table each year. Make no mistake: this is the biggest step we have taken in over a decade to bring down drug prices and not only did every single Republican vote against it, but—as Project 2025 makes clear—Republicans are still scheming to repeal the entire Inflation Reduction Act under a Trump administration regardless of how that might hurt families. While Republicans want to give all the power back to big pharma, Democrats believe in putting patients over profits and continuing to force drug companies to the negotiating table so Medicare can secure lower drug prices for the American people.


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