I want to mention that the Congressional Budget Office in their letter to us made clear that exempting Medicare prescription drug plans from Medicaid's best price drives down drug prices $18 billion for our seniors.
Nancy L. Johnson: “I want to mention that the Congressional Budget Office in their letter to us made clear that exempting Medicare…”
Editor's note · Context
Discussing the impact of Medicare prescription drug plans on drug prices during a floor speech.
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Does the gentleman feel confident even without any placeholder, should, say, the Senate fail to provide a placeholder, as they have in the past, that we will be able to address this in conference?
The gentlewoman from Oregon should know that with this prescription drug insurance plan Medicare recipients in Oregon who are covered will go from 60 percent up to 96.6 percent. This bill brings a benefit to Oregon.
I also want to say both to the gentleman from Ohio (Mr. Regula) and also to the gentleman from Wisconsin (Mr. Obey) that you have brought forward for this body a very fine, balanced bill in a difficult era. The money that you have put into…
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