McConnell gets $50,000 from pharma after blocking bill to lower drug prices
By Josh Israel -February 18, 2020 9:13 AM
Senate Majority Leader Mitch McConnell said in September that he would not allow a vote on the Lower Drug Costs Now Act.
Senate Majority Leader Mitch McConnell announced in September that he would block any consideration of a bill to lower prescription drug costs. By the end of December, he had raked in more than $50,000 in contributions from political action committees and individuals tied to the pharmaceutical industry.
House Speaker Nancy Pelosi announced on Sept. 19 that the Democratic majority would offer H.R. 3, the Lower Drug Costs Now Act. The bill would allow the federal government to negotiate with pharmaceutical companies on the cost of prescription drugs for Medicare, restrict price hikes, and limit out-of-pocket costs. It aims to follow through on one of Donald Trump's unkept campaign promises: Medicare drug price negotiation.
That same day Pelosi outlined the plan, McConnell (R-KY) declared it would have no chance of passage in the GOP-controlled Senate. "Socialist price controls will do a lot of left-wing damage to the healthcare system. And of course we're not going to be calling up a bill like that," he told reporters.
Though polling shows about 88% of Americans favor letting Medicare negotiate lower drug costs, the pharmaceutical industry is strongly against it. And within days of McConnell's announcement, his reelection campaign and his leadership PAC saw a large uptick in donations from the industry.
https://americanindependent.com/mitch-mcconnell-pharmaceutical-industry-donations-prescription-drug-costs-senate-gop-republicans/
He really needs to be voted out.........................
November 3, 2020 cannot get here fast enough
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