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On Friday, President Trump issued three executive orders (and threatened a fourth) outlining sweeping changes he planned to make regarding prescription drug prices in the United States. One order seeks to make federal grants to federally qualified health centers contingent upon discounted insulin prices. A second would allow personal and wholesale importation of prescription drugs from overseas. The third implements rebate reform for pharmacy benefits managers (PBMs).
The COVID-19 pandemic has wreaked havoc on the American economy, leading to a loss of revenues to the federal government. Among the many revenue streams that the federal government has is the payroll tax, which is a dedicated revenue source for Social Security and Medicare hospital insurance. Even before the pandemic, these social insurance programs were facing insolvency. The pandemic is certain to worsen the outlook for these programs.
WASHINGTON, D.C. -- In response to the rollout of the Health, Economic Assistance, Liability Protections, and Schools (HEALS) Act, Senate Republicans’ plan for the phase IV COVID-19 relief package, Adam Brandon, FreedomWorks President, commented:
WASHINGTON, D.C. -- The Save our Country Coalition today announces the launch of a new three part ad campaign that lays out what any phase IV Coronavirus relief package must include, namely a payroll tax holiday for America’s workers (not more unemployment benefits), liability shields for businesses, as well as no further bailouts for Blue cities and states.
On Monday, Senate Republicans rolled out their priorities for the next legislative of the phase to COVID-19. Entitled the Health, Economic Assistance, Liability Protections, and Schools (HEALS) Act, the legislation is a mashup of eight different pieces of legislation, the cost of which is expected to reach at least $1 trillion.
In his 2019 State of the Union Address, President Trump triumphantly proclaimed, “America will never be a socialist nation.” This line drew raucous applause from many in the House chamber and, surely, from many sitting and watching at home.
FreedomWorks Foundation, American Legislative Exchange Council, Tea Party Patriots and Committee to Unleash Prosperity in partnership with a coalition of conservative organizations and prominent individuals, launched the Save Our Country Task Force.