House Democrats Launch Price Negotiation Push: Extreme Plan Assures Strong Opposition

Pelosi is moving forward with a draconian plan to limit US prices to an international benchmark. For now, the “bill” is a three-page outline subject to considerable legislative drafting – and so extreme as to rule out bipartisan compromise for the time being.

Capitol House

The House Democratic leadership is moving forward with a draconian “price negotiation” plan for pharmaceuticals in the US, with the official version of the proposal managing to be even more extreme than a draft that circulated at the start of September.

House Speaker Nancy Pelosi, D-Calif., formally unveiled the plan – which is now available as legislative text – on...

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