Drug Pricing: The Lower Drug Costs Now Act (H.R. 3) would establish a socialist-style takeover of prescription drug pricing. Thank you to everyone who called their House representatives this past week in opposition to this bill. If you have not yet called, there is still time, as it likely won’t receive a vote until after the first week of November.
H.R. 3 is deeply flawed and inserts the government squarely into the middle of drug pricing negotiations by proposing two different government price setting schemes. Price controls only serve to reduce access to new treatments, stifle research and innovation, and increase health costs in the long run. Check out our drug pricing toolkit for more information. We are urging all members of Congress to reject H.R. 3 and any other bills that contain price setting language!
Protecting the Integrity of Our Elections: Democrats have been pushing for a whole host of policies to undermine the security of our elections and make it easier for partisan parties to get an unfair advantage. Earlier this year, the House liberals passed H.R. 1, a massive bill to make it easier for them to steal elections.
House Dems followed it up this week with the SHIELD Act (H.R. 4617), a partisan bill that passed without a single Republican vote. Instead of targeting interference and foreign actors, the SHIELD Act punishes Americans, chills free speech, and infringes on their right to privacy.
SALT Deduction Cap: Earlier this week, conservatives in the Senate stopped the passage of S.J. Res. 50, a resolution that would have undermined a key provision of Republican’s 2017 Tax Cuts and Jobs Act.
If passed, S.J. Res. 50 would have prevented the government from enforcing the $10,000 cap on deductions for state and local taxes (SALT). Before the Tax Cuts and Jobs Act, taxpayers in blue states with higher state taxes were able to deduct more of their state and local taxes from their federal income taxes, unfairly shifting the burden to taxpayers in states with lower income taxes.
The SALT deduction forces low-tax states to subsidize high-tax states. All Senate Republicans but one stood together to vote down the measure which could have increased the federal deficit by more than $673 billion over 10 years.
