Legislation to Reduce Prescription Drug Costs
Rep. Ro Khanna introduced legislation to codify President Donald Trump's executive order to reduce the cost of prescription and pharmaceutical drugs. The bill aims to prevent Americans from paying more than people in other countries for drugs.
Key Points
- Rep. Ro Khanna introduced legislation to codify President Trump's executive order on drug pricing
- Efforts to lower drug prices by preventing 'global freeloading'
- Bipartisan support for the bill
Pros
- Bipartisan effort to lower prescription drug costs
- Aims to prevent Americans from overpaying for drugs compared to other countries
- Support from both Democrats and Republicans
Cons
- Potential pushback from pharmaceutical companies and lobbyists
- Uncertain outcome in Congress