Proceedings, Debates of the U.S. Congress
S. 2543; Congressional Record Vol. 165, No. 196
(Senate - December 09, 2019)
Text available as:
Formatting necessary for an accurate reading of this text may be shown by tags (e.g., <DELETED> or <BOLD>) or may be missing from this TXT display. For complete and accurate display of this text, see the PDF.
[Page S6897] From the Congressional Record Online through the Government Publishing Office [www.gpo.gov] S. 2543 Mr. GRASSLEY. Mr. President, I and my friend Senator Wyden released an updated version of our bipartisan Prescription Drug Pricing Reduction Act. This bill will now deliver even more savings for seniors and Americans with disabilities. When I say ``more,'' it will be more than the bill that was voted out of the Senate Committee on Finance on a 19-to-9 vote during the last week of July. The bill will also help pay for critical health programs. Billions of dollars saved in out-of- pocket costs are also a result of the bill and billions of dollars allocated for healthcare programs that tens of millions of Americans rely upon. What I just said will be accomplished all without spending a dime more of taxpayer dollars. That is because Big Pharma, our pharmaceutical industry of the United States, will finally be held accountable. Taxpayers shouldn't be put on the hook for unlimited subsidies from the Federal Treasury to big companies that make billions in profits. I don't often quote the Washington Post about legislation I put in, but the Washington Post recently wrote that our bill was the ``drug pricing bill with the best chances of passing Congress.'' Over the weekend, President Trump applauded the work my friend Senator Wyden and I have done to improve our bipartisan legislation. The President was very supportive of it even before we made these changes. That is because, in the Congress of the United States today, it is the only significant bipartisan legislation that exists to address the skyrocketing costs of prescription drugs. The Senate must demonstrate courage and finally pass this very important bill because very few Members of Congress can miss the cry of their citizens that drug pricing is too high, and they expect Congress to do something about it. This bill answers that cry and should soon get a vote. I yield the floor. I suggest the absence of a quorum. The PRESIDING OFFICER. The clerk will call the roll. The bill clerk proceeded to call the roll. Mr. McCONNELL. Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. The PRESIDING OFFICER. Without objection, it is so ordered. ____________________