Democrats gear up for major push to lower drug prices

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Democrats are planning a major push to lower drug prices as part of a coming infrastructure package, seeing an avenue to move forward on a long-held goal for the party.

House Democratic leaders are intent on including a measure that would allow the secretary of Health and Human Services to negotiate lower prices for prescription drugs, sources say.

That bill, first passed by the House in 2019, would provide about $450 billion in savings that in turn could help fund a spending package with a price tag as high as $3 trillion. Continue reading.