cloudy.png
Monday May 25th, 2020 1:21PM

Correction: Prescription Drugs story

By The Associated Press

WASHINGTON (AP) — In a story Nov. 18 about the White House push for prescription drug legislation, The Associated Press misspelled the first name of the executive director of Families USA. The correct spelling is Frederick, not Frederic.

A corrected version of the story is below:

Drug cost legislation gets a push from White House

Battling impeachment, White House presses for drug cost legislation with new urgency

By RICARDO ALONSO-ZALDIVAR

Associated Press

WASHINGTON (AP) — The White House is ramping up its push to get a bill through Congress that curbs prescription drug costs, feeling a new urgency as the impeachment investigation advances amid the 2020 election campaign.

The effort has progressed beyond anything seen in years, says President Donald Trump’s top domestic policy adviser. “This is a once-in-a-generation opportunity to confront these issues in a nonideological fashion,” adviser Joe Grogan said in a recent session with reporters.

“Unfortunately,” Grogan explained, “there are some current complications.”

After months of dialogue, the White House and House Speaker Nancy Pelosi have parted ways on Medicare price negotiations that Pelosi advocates and Trump — unlike most Republicans — once supported in principle.

Instead Trump is backing a compromise bipartisan bill in the Senate, which does not give Medicare bargaining authority, but forces drugmakers to pay rebates if they raise prices too high.

Grogan said the administration is working to line up Republican support for the Senate bill while trying to sweeten its impact by plowing more of the government’s savings from reduced drug prices into benefits for seniors.

“We’re really at a stage on a bipartisan basis of dialing in on the final specifics,” he said at a recent event sponsored by the Alliance for Health Policy.

The pressure is on Trump.

A Gallup-West Health poll finds that 66 percent of adults don’t believe the Trump administration has made any progress, or very much progress, in limiting the rising cost of prescription drugs.

“If I were the president of the United States, facing a very difficult reelection campaign, I would want to have something to show people in this area,” said political scientist Bill Galston of the Brookings Institution.

Democrats “will be very reluctant to give the administration a win,” he added. “If they are going to do that, they are going to need something pretty solid and substantive to show their troops.”

People in the policy debate say a deal must be sealed this year or by early next at the very latest, before election season goes into overdrive.

Medicare enrollees would be the biggest winners under either bill.

The bipartisan Senate legislation would cap what Medicare beneficiaries pay out of pocket for medicines and require drugmakers to pay rebates to Medicare if they hike prices above the inflation rate. Its lead authors are Sens. Chuck Grassley, R-Iowa, and Ron Wyden, D-Ore.

But Majority Leader Mitch McConnell, R-Ky., has made no public commitment to bring it to the floor.

The more ambitious House Democratic bill would build on the Senate’s foundation but also authorize Medicare to negotiate prices for the costliest drugs. That would limit high launch prices for new drugs, not just price increases. Medicare’s discounts would be provided to privately insured people as well.

Pelosi is driving toward a floor vote, but right now neither bill has a clear path to Trump’s desk.

Some Democrats contend they’d be better off taking Pelosi’s bill into the election campaign rather than giving Trump a bipartisan bill he’d claim credit for.

But Colorado Sen. Michael Bennet, a 2020 Democratic presidential candidate, says his party should think carefully before going to the voters empty-handed.

“I think it’s critically important for the country for us to get a bill done — a drug-pricing bill is long overdue,” said Bennet.

“It’s always better to get a result,” he added. “And if we don’t get a result, we need to draw the lines very clearly, so people can see it’s the administration that prevented us from getting a result.”

Bennet is backing the Senate compromise and also pursuing his own legislation allowing Medicare to negotiate drug prices.

Most pro-business Republicans see government-negotiated drug prices as unacceptable interference in the private market. But not Trump.

In 2016, he campaigned on giving Medicare the power to negotiate. Pelosi’s bill is a not-so-gentle reminder to Trump the 2020 candidate of his politically popular 2016 promise.

“House Democrats are taking the bold action to negotiate lower drug prices that President Trump always claimed was necessary and working people won’t like it if he sells them out on one of the most important kitchen table issues in America right now,” said Pelosi spokesman Henry Connelly.

With weeks until the end of the year, impeachment is draining the political energy in Washington. If nothing happens, the clearest winner will be the drug industry lobby, which has poured millions of dollars into a fight seen as an existential threat to its political influence.

“We think it’s going to be very hard,” said Frederick Isasi, executive director of Families USA, a liberal advocacy group calling for action this year. “It would be completely short-sighted for people not to deliver what can be done now for American families.”

  • Associated Categories: Associated Press (AP), AP Online Headlines - Washington, AP Online Congress News, AP Health, AP Elections, General Election News, General Presidential Election News, AP Business, AP Elections - Political Conventions, AP Business - Industries, AP Business - Health Care
© Copyright 2020 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
US angers Palestinians with reversal on Israeli settlements
The Trump administration is softening the U.S. position on Israeli settlements in the occupied West Bank, reversing four decades of American policy and further undermining the Palestinian effort to gain statehood
5:37PM ( 10 minutes ago )
AP Exclusive: US officials knew of Ukraine’s Trump anxiety
AP sources: State Department officials were briefed in early May about Ukraine leader’s concern over Trump administration pressure to investigate Democrats, despite his later public denial.
5:30PM ( 16 minutes ago )
Colorado rancher guilty of killing fiancée, burning body
A jury has conceited a Colorado rancher of beating his fiancée to death while their 1-year-old daughter was in a nearby room
5:29PM ( 17 minutes ago )
Associated Press (AP)
Crucial impeachment hearings break into open for all to see
Impeachment hearings enter a crucial second week as Democrats prepare to hear from nine witnesses
4:53PM ( 53 minutes ago )
PG&E boss faces lawmakers as new California blackouts loom
The CEO of the nation’s largest utility is expected to face angry California lawmakers over the company’s decision to turn off power for millions of people to prevent its outdated equipment from starting wildfires
4:36PM ( 1 hour ago )
Buttigieg visits Morehouse in effort to build black support
Pete Buttigieg will speak at historically black Morehouse College in Atlanta on Monday as he tries to expand his appeal among black voters.
4:27PM ( 1 hour ago )
AP Online Headlines - Washington
Vatican’s financial 007 leaves amid fallout from police raid
The head of the Vatican’s financial watchdog agency is leaving his post after a raid by Vatican police on the agency’s offices jeopardized the Holy See’s international financial obligations and reputation
2:54PM ( 2 hours ago )
Chief justice orders delay in House fight for Trump records
Chief Justice John Roberts is ordering an indefinite delay in the House of Representatives’ demand for President Donald Trump’s financial records
1:07PM ( 4 hours ago )
House agrees to short halt in fight for Trump records
The House of Representatives is telling the Supreme Court it will agree to a 10-day halt in its fight for President Donald Trump’s financial records
11:20AM ( 6 hours ago )
AP Online Congress News
Buttigieg touts military service, wary of overstating role
Pete Buttigieg is leaning hard on his 7-month deployment as an intelligence officer in Afghanistan as a powerful credential, but the Democratic presidential candidate is walking a narrow path between giving his service its due and overstating it
1:47PM ( 3 hours ago )
UK leader Johnson faces questions about ties to US woman
British Prime Minister Boris Johnson is facing new questions about his relationship with an American businesswoman who allegedly received favors and public funds while Johnson was the mayor of London
12:21PM ( 5 hours ago )
Bloomberg wins key SC endorsement ahead of possible 2020 bid
If he opts to enter the Democratic presidential primary, New York billionaire Michael Bloomberg will get one of South Carolina’s most-coveted endorsements
11:14AM ( 6 hours ago )
AP Elections
Leaked Russian interference report raises UK vote questions
A senior Labour party official says leaks from a report on Russian interference in Britain raise serious questions about the security of next month’s general election
2:45PM ( 1 day ago )
Democrat Edwards wins reelection in conservative Louisiana
Louisiana’s voters have reelected Democratic Gov. John Bel Edwards to a second term, deep in the heart of the conservative South
10:22AM ( 1 day ago )
AP Interview: Steyer’s fortune fuels underdog 2020 campaign
Tom Steyer is digging deep into his personal fortune to rewrite the rules of presidential politics, but he’s struggling to break out of the pack and soon may not be the only billionaire in the race.
9:47AM ( 1 day ago )
General Election News
Bloomberg apologizes for ‘stop-and-frisk’ police practice
Former New York Mayor Michael Bloomberg is reversing his longstanding support of the controversial “stop-and-frisk” police strategy ahead of a potential Democratic presidential run
12:50AM ( 16 hours ago )
Bloomberg apologizes for ‘stop and frisk’ police practice
Former New York Mayor Michael Bloomberg is reversing his longstanding support of the controversial “stop and frisk” police strategy ahead of a potential Democratic presidential run
10:20PM ( 19 hours ago )
2019 Takeaways: Suburb shift, high turnout and ‘Socialism!’
2019 Takeaways: Suburb shift, high turnout and ‘Socialism!’
9:14PM ( 20 hours ago )
General Presidential Election News
Iran downplays, demonizes protests amid internet shutdown
Iranian officials are alternatively downplaying and demonizing continuing protests across the country over a 50% increase in gasoline prices
4:55PM ( 52 minutes ago )
US indexes inch up as stocks churn, markets await trade deal
The U.S. stock market inched higher Monday, the latest nudge in its record-setting, six-week run, as markets wait for the next development in trade talks between the United States and China
4:30PM ( 1 hour ago )
Long-running coal plant on Navajo Nation stops production
A massive coal-fired power plant that served customers in the U.S. West for nearly 50 years has shut down
4:20PM ( 1 hour ago )
AP Business
Trump urges Louisianans to flip governor’s office to GOP
Louisiana Gov. John Bel Edwards is battling to defy the partisan odds in the ruby red South and win reelection to a seat that President Donald Trump wants returned to Republicans
1:36PM ( 2 days ago )
Louisiana voters pick between Democratic governor and Trump
Louisiana Gov. John Bel Edwards is battling to defy the partisan odds in the ruby red South and win reelection to a seat that President Donald Trump wants returned to Republicans
9:38AM ( 2 days ago )
Biden, Warren absence at California gathering irks top Dems
The decisions by Joe Biden and Elizabeth Warren to skip a weekend gathering of California Democrats have frustrated and puzzled some party leaders
8:39AM ( 2 days ago )
AP Elections - Political Conventions
S&P 500 hangs close to record as stocks churn
U.S. stock indexes hung close to their record levels in afternoon trading on Monday, as markets wait for the next development in trade talks between the United States and China.
2:30PM ( 3 hours ago )
Land affected by Keystone pipeline leak bigger than thought
An oil spill from the Keystone pipeline in North Dakota has affected almost 10 times the amount of land as first reported
2:30PM ( 3 hours ago )
Anti-government protests cripple major Iraqi port, oil field
Iraqi officials: Anti-government protests block road to main port in country’s south, Iraq’s central bank in Baghdad
1:55PM ( 3 hours ago )
AP Business - Industries
White House seeks disclosure of actual health care prices
New rules from the Trump administration would require insurers and hospitals to disclose upfront the actual prices for common tests and procedures
4:12PM ( 3 days ago )
US panel backs wider use of fish oil to prevent heart attack
US health experts recommend wider use of prescription-strength fish oil to help prevent heart problems
6:17PM ( 3 days ago )
Google's health care ambitions now involve patient data
Google is working with large health care system Ascension, the latest foray into the health industry by the tech giant
5:21PM ( 6 days ago )
AP Business - Health Care
US angers Palestinians with reversal on Israeli settlements
The Trump administration is softening the U.S. position on Israeli settlements in the occupied West Bank, reversing four decades of American policy and further undermining the Palestinian effort to gain statehood
5:37PM ( 10 minutes ago )
AP Exclusive: US officials knew of Ukraine’s Trump anxiety
AP sources: State Department officials were briefed in early May about Ukraine leader’s concern over Trump administration pressure to investigate Democrats, despite his later public denial.
5:30PM ( 17 minutes ago )
Colorado rancher guilty of killing fiancée, burning body
A jury has conceited a Colorado rancher of beating his fiancée to death while their 1-year-old daughter was in a nearby room
5:29PM ( 18 minutes ago )
US officials granting $29 million for coastal protection
$29 million in grants to protect Texas marshes from erosion and an Alaska village from the Bering Sea are among 44 National Coastal Resilience Fund awards being announced under a public-private partnership
5:29PM ( 18 minutes ago )
Native American shield returned to New Mexico from France
A ceremonial shield at the center of a lengthy international debate over exporting sacred Native American objects to foreign markets has been returned to New Mexico
5:28PM ( 19 minutes ago )