McConnell argues that Democrats want to put ‘socialist price controls’ on Americans

EXCLUSIVE: The White House is firing back at Senate Minority Leader Mitch McConnell’s criticisms of Democrats’ spending bill – specifically with regard to prescription drugs – accusing him of supporting “welfare for big drug companies,” while maintaining that President Biden is committed to middle-class families and slashing the deficit.

The White House’s comments came after McConnell, R-Ky., spoke on the Senate floor Monday, criticizing Democrats’ reconciliation plan that would allow Medicare to regulate prescription drug prices.

McConnell said the Biden administration and congressional Democrats “want to put socialist price controls between American innovators and new cures for debilitating diseases.”

In response, White House deputy press secretary Andrew Bates on Tuesday told Fox News that McConnell “is resorting to talking points that Big Pharma is spending millions to put on the airwaves in opposition to the President’s anti-inflation plan, which would slash the deficit and finally empower Medicare to negotiate down the exorbitant costs of prescription drugs that have driven so many American families into bankruptcy.”

“The American people are forced to pay two to three times what citizens of other countries do for these drugs, and for far too long Medicare has been blocked by law from using their leverage to save consumers and taxpayers money – welfare for big drug companies that the industry lobbied for and that Sen. McConnell has supported for nearly two decades,” Bates said.

Bates added: “When it comes to choosing between the bottom lines of middle class families or special interests that are price gouging hardworking people to pad record profits, the President knows exactly where he stands.”

With regard to prescription drugs in the reconciliation package, Democrats are seeking to give Medicare the power to negotiate a better deal on some highest-cost drugs. Currently, Medicare does not have the right to negotiate drug prices.

The measure would also require rebates from drug companies that raise prices faster than inflation and impose a $2,000 annual reduction in benefits. An official said the plan would give Americans “the financial security to know the value of pharmacy.”

Democrats also say the bill will help reduce the deficit.

But McConnell and Republicans warn the bill creates a “war” for America’s new health care system.

“Democrats in Washington are working to find a way to put more agency in the midst of American patients and the care they receive here,” McConnell said in his State of the Union address on Monday. “They want to control the price difference between American innovators and new treatments for debilitating diseases.”

McConnell warned that “a Democratic party in power can knock you out of government.”

McConnell also added that the offer would have “negative consequences” for the country.

McConnell warned, “Americans know they can’t effectively cut costs by passing legislation that forces the government to cut costs. The bill will go to Americans with health issues. That’s really clean.”

“Bigger government, less life-saving treatments and less innovation,” McConnell said.

“Pharmaceuticals with a leadership style will have a huge and complex impact,” he said.

Meanwhile, Democrats are hoping to push through all the packages that were announced in the midterm elections, but in light of recent debt, Sen. Joe Manchin was right to refuse to raise taxes or adopt energy and climate policies. peace package. Instead, Manchin said he would only support legislation that includes provisions that would reduce prescription drug prices and extend funding for the Affordable Care Act for two years.

This allowed Senate Democrats 50-50 to extend the Affordable Care Act (ACA) to prescription and prescription drug costs.

Democrats are hoping to push the bill through the joint Senate process to circumvent a 60-vote filibuster. This will give voters plenty to think about before members head home to campaign in August ahead of the midterm elections in November. Although it is a far cry from the $3 trillion bill we originally wanted to pass last year.

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