WASHINGTON, D.C. — In response to Senate Democrats’ socialist drug pricing scheme, Adam Brandon, FreedomWorks President, commented:
“The Democrats’ drug pricing scheme has once again found its way into their multi-trillion-dollar Big Government Socialism Bill. Like other countries that have socialist drug price controls, the unintended consequence of implementing this policy in the U.S. is that it would limit access to new medicines and treatments.
“Prices are a signal of what something is worth; merely dictating that prices are different will not solve the underlying issue. We should encourage market competition from low-cost generics and biosimilars to reduce costs for patients.
“Make no mistake, this policy proposal does not have patients’ best interests at heart–it is only being offered to pay for Biden’s Big Government Socialism Bill.”