The CBO has found that a democratic plan that allows Medicare to negotiate prices for prescription drugs can save the country $ 287 billion.
Prescription drug reform is a victory for Americans and deficits
The CBO scores The Senate Democratic Party’s plans to allow Medicare to negotiate prices for prescription drugs have found:
The CBO estimates that the enactment of this law will reduce a total unified deficit of $ 287.6 billion between 2022 and 2031. This deficit reduction is due to a $ 249.2 billion decrease in direct spending and a $ 38.4 billion increase in revenue.
Some of these budget effects are related to programs that are classified as off-budget. The budget deficit reduction for that period will be $ 276.7 billion.
Mitch McConnell and Senate Republicans oppose lowering prescription drug costs
McConnell and the Senate Republicans do not want people to reduce drug payments because they force Democrats to pass the bill through reconciliation rather than supporting it as a bipartisan bill.
Mitch McConnell is less likely to become Senate Majority Leader again
Senator McConnell could become a majority party leader in the Senate, Postrow changes the election landscape, bad Republican candidate, Unpopular choices such as refusing to support prescription drug price cuts.
McConnell is giving the Democrats another issue to do this fall.
With the Senate Republican’s refusal to support prescription drug reform, Democrats have provided a powerful example of how McConnell and the Senate Republican can be the last to put Americans back in power.
Easley is the editor-in-chief. He is also the White House press pool and Parliamentary correspondent for Politicus USA. Jason holds a bachelor’s degree in political science. His graduate work focused on public policy, which specializes in the social reform movement.
Awards and professional membership
Member of the Association of Professional Journalists and the American Association of Political Science