The Senate Finance Committee rolled out its long-awaited bipartisan plan aimed at lowering prescription drug prices
Committee Chairman Sen. Chuck Grassley, Republican of Iowa, and Ranking Member Sen. Ron Wyden, Democrat of Oregon, are the latest congressional duo to address the problem that's a top priority for many Americans, as well as President Donald Trump.Bipartisan efforts to curtail rising drug costs are also moving through the Senate Health Committee, as well as in the House. The Finance Committee bill had been stalled, but members struck a deal to allow it to proceed.
Earlier this month, a federal court judge blocked one of the administration's attempts to increase transparency in drug pricing by requiring drug prices to appear in televised advertisements. US District Judge Emit Mahta ruled that the Department of Health and Human Services would have been overstepping its authority. Mahta wrote in his ruling,"No matter how vexing the problem of spiraling drug costs may be, HHS cannot do more than what Congress has authorized.
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