Neal Response to President Trump’s Prescription Pricing Proposal

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Neal Response to President Trump’s Prescription Pricing Proposal

The following press release was published by the U.S. Congress Committee on Ways and Means on Oct. 25, 2018. It is reproduced in full below.

SPRINGFIELD, MA - Today, Ways & Means Committee Ranking Member Richard Neal (D-MA) issued the following statement after President Donald Trump announced he would solicit comments on ideas that the administration might consider relating to prescription drug pricing:

“President Trump's proposal today likely won’t result in lower prescription prices for seniors, and it may even increase drug costs for some Medicare beneficiaries. Across the board, Republicans have failed to lower health care costs for Americans. The GOP’s lack of effective strategy to bring down prescription prices goes hand in hand with the party’s relentless efforts to eliminate pre-existing condition protections and slash funding for Medicare, Medicaid, and Social Security."

Source: U.S. Congress Committee on Ways and Means

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