Tuesday, July 21, 2020

The GOP has found the bridge it will not cross with Trump

The White House is considering one or more executive orders aimed at lowering drug prices that could come as soon as this week, prompting pushback from some GOP lawmakers and the powerful pharmaceutical industry.

One idea under discussion, sources say, is to link some U.S. drug prices to the lower prices paid overseas, an idea that is opposed by many Republicans, who see it as a price control that violates free-market principles.

  The Hill
What they see it as is a reduction in their Big Pharma contributions.
Some congressional Republicans have been calling the White House in recent days to raise objections to the proposal, sources say, an effort spurred on by the pharmaceutical industry, which is rallying to try to stop the idea.

[...]

A Senate GOP aide said some Republican lawmakers have been contacting the White House to make known their opposition.

“We thought this thing was dead,” said a pharmaceutical industry source, who said the industry is mobilizing and contacting its congressional GOP allies to try to stop it.

The conservative group FreedomWorks on Tuesday announced a six-figure Hulu and digital ad buy against the idea, warning of “socialist price controls.”
I'd be willing to bet the word "socialist" won't even scare people off the idea of drug price controls.

...but hey, do what you want...you will anyway.

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