John,
President Biden is giving his first address to a joint session of Congress tonight―and we already know some of what he’ll say: He’ll announce that he intends to take on Big Pharma and lower drug prices for the people while expanding health care coverage options.
In their newly released fact sheet, the White House states:
President Biden has a plan to build on the Affordable Care Act and lower prescription drug costs for everyone by letting Medicare negotiate prices, reducing health insurance premiums and deductibles for those who buy coverage on their own, creating a public option and the option for people to enroll in Medicare at age 60, and closing the Medicaid coverage gap to help millions of Americans gain health insurance.
This language matches assurances we have heard from the White House this week that if President Biden campaigned on a policy and Congress passes a bill that includes that policy, he will sign it.
But already, we’ve heard from the usual, so-called ‘sensible’ voices, anguished cries of ‘how do you pay for it?!’ Not surprisingly, these same voices had been silent for the four years that Donald Trump and Mitch McConnell shoveled handfuls of cash into the pockets of Mar-a-Lago members and defense contractors. However credible that question, the answer lies in a report from the Government Accountability Office,[1] also released today: Americans pay two to four times more for prescription drugs than people in other nations.
We are dedicated to lowering drug prices and expanding coverage for everyone in this country.
Today, medical costs consume more than 33% of the average Social Security check. Pharma greed and health care inflation are silently cutting Social Security benefits already. If the Biden administration can make health care and medicine affordable, Social Security checks will go much further.!
Social Security Works is dedicated to lowering drug prices and expanding coverage for everyone in this country. Chip in $7 to make Congress act!
Thanks,
Michael Phelan
Social Security Works
1 https://www.sanders.senate.gov/press-releases/news-new-gao-study-finds-u-s-pays-two-to-four-times-more-for-prescription-drugs-than-other-nations/
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