Political Quotes

On the recordApril 25, 2023
I believe that is the responsibility of the FTC, and I think the FTC has failed, has failed Americans in not undertaking that responsibility.
Said by
Buddy Carter
Republican · Georgia

Editor's note · Context

Carter criticizes the FTC for not addressing issues with drug pricing and vertical integration.

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More from Buddy Carter

Apr 25, 2023

If I could, there was a study done--and it is a little aged now, it was done a little bit over a year ago--by the Berkeley Research Group that showed--and listen, and if you remember one thing, then remember this: It showed that only 37 percent of the price of a drug goes to the pharmaceutical manufacturer, which begs the question, where does the 63 percent go? It goes to the PBM, it goes to the middlemen. That is where the problem is. That is where we can control drug prices at.

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May 10, 2023

I would submit to you that what is going on in our economy right now is self-inflicted.

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Jun 20, 2023

I know I have said it numerous times before, and you have probably heard it, but there are two Georgias: There is Atlanta and everywhere else, and I represent everywhere else.

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Apr 25, 2023

Three companies controlling 80 percent of the market, the vertical integration that exists where the insurance company that owns the PBM that owns the pharmacy...

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