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Far-left fears Democratic leaders' drug-pricing compromise is a 'sham' to benefit Big Pharma

Added 10-25-21 07:03:01pm EST - “Progressives are panning Democratic leaders' moves to scale down President Biden's plan for Medicare to negotiate down drug prices with pharmaceutical companies, calling the compromise plan "a sham."” - Washingtontimes.com

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Posted By TheNewsCommenter: From Washingtontimes.com: “Far-left fears Democratic leaders’ drug-pricing compromise is a ‘sham’ to benefit Big Pharma”. Below is an excerpt from the article.

Progressives are panning Democratic leaders’ moves to scale down President Biden’s plan for Medicare to negotiate down drug prices with pharmaceutical companies, calling the compromise plan “a sham.”

The plan to lower drug costs was a key part of Mr. Biden’s social welfare and climate bill that’s getting paired down to satisfy the party’s moderates. Now far-left lawmakers and their allies say the new plan wouldn’t lower the cost of medicine nearly enough.

Rep. Peter Welch, Vermont Democrat, said the drug-pricing compromise that’s in the works “would be political malpractice.”

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