The heart of Speaker Pelosi's legislation, called the "Lower Drug Costs Now Act" (H.R. 3), is allowing Medicare to negotiate directly with drug companies for lower drug costs. It would also tie U.S. drug prices to those paid by other wealthy countries and cap price increases to the rate of inflation. That's why I urge you to sign our Emergency Petition to Congress today and help us put pressure on every lawmaker to support this important bill now!

John, as you know, Big Pharma has been steadily raising drug prices during the past two decades, in the absence of any government negotiation authority. Meanwhile, the drug industry's profits have soared, as has CEO compensation. The industry spends billions on lobbying and marketing — more than $6 billion for ads alone in 2018. Incredibly, our Director of Government Relations recalls that a pharmaceutical industry lobbyist at a health care reform gathering a few years ago was heard to say, "If people can’t afford prescription drugs, they should get loans."