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Neal Response to President Trump’s Prescription Pricing Proposal

October 25, 2018
Press Release

SPRINGFIELD, MA – Today, Ways & Means Committee Ranking Member Richard Neal (D-MA) issued the following statement after President Donald Trump announced a plan to lower prescription drug costs for Medicare beneficiaries:

“The plan President Trump unveiled today likely won’t result in lower prescription prices for seniors, and it may even increase drug costs for some Medicare beneficiaries. Across the board, Republicans have failed to lower health care costs for Americans. The GOP’s lack of effective strategy to bring down prescription prices goes hand in hand with the party’s relentless efforts to eliminate pre-existing condition protections and slash funding for Medicare, Medicaid, and Social Security.”