The 110th Congress has already begun the process of imposing price controls on prescription drugs. On the very first day in session, Democratic lawmakers John Dingell (Mich.) and Charles Rangel (N.Y.) unveiled the Medicare Prescription Drug Price Negotiation Act of 2007. The bill is being rushed to a floor vote on Friday. There will be no public debate, committee hearings, or minority participation.
Small wonder. It's a transparent power grab and a step backwards in terms of a public-private partnership in prescription drug services to Medicare recipients. A week ago we took a look at this regressive policy dressed up as a reform.
Posted by dan at January 12, 2007 12:30 AM