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Senate Finance Committee Ranking Member Crapo: Fact Sheet - Democrats Drug Price-Setting Scheme Dismantles Medicare Promise, Undermines Seniors Health
August 30, 2023
WASHINGTON, Aug. 30 -- Sen. Mike Crapo, R-Idaho, ranking member of the Senate Finance Committee, issued the following news release:

The Biden Administration has announced the first 10 medications under its new Medicare price-setting plan for prescription drugs that was established by the Democrats' so-called "Inflation Reduction Act." This new regime to impose price-controls set by Washington bureaucrats is an unworkable, legally dubious scheme that will lead to higher pri . . .

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