Political Quotes

On the recordNovember 20, 2003
As we address the issue of prescription drugs and as speaker after speaker is speaking about prescription drugs, there are three attempts to deal with out-of-control prices of prescription drugs that are going up on average 20 percent a year: One is through the free market principle of reimportation, allowing Americans to buy drugs in either Europe or Canada. Second, bulk negotiation, creating a Sam's Club using the power of 40 million seniors to purchase drugs at reduced prices like they do in Europe and in Canada. And, third, through speedy introduction of generic medications to market to bring competition to price. In all three areas, the pharmaceutical industry got what they want, and this Congress punted on getting the price reduction as it relates to pharmaceutical prices. We need to offer the taxpayers who are about to be asked to spend $400 billion of their money, $400 billion of taxpayer money, we owe them the common decency and courtesy to get them the best price, either through the free market principle, through creating negotiation bulk prices to get prices reduced, or generics. In each area, this Congress punted on behalf of the pharmaceutical industry.
Said by
Rep. Rahm Emanuel
Illinois

Editor's note · Context

Discussing the rising costs of prescription drugs and potential solutions during a floor speech.

Share

More from Rep. Rahm Emanuel

Oct 4, 2007

In 7 years, the President has been awfully reluctant to use his veto pen. But when it comes to important health care legislation, this President hasn't hesitated to say ``no'' to the American people. Stem cell research, which could cure…

govinfo.gov
Apr 15, 2008

And the way this was discovered was on a worker who was laid off with 10,000 employees, went to go collect unemployment insurance and was told no, you don't have the money for that because you didn't pay insurance. He said no, I work for…

govinfo.gov
Oct 10, 2007

when the House tried to reauthorize the children's health care bill, the President of the United States called SCHIP ``a welfare benefit'' for ``middle-class households.'' Maybe there is some confusion at the other end of Pennsylvania…

govinfo.gov
Dec 6, 2007

in less than 12 months this Congress will do what previous Congresses have failed to do for 32 years. Today, after 32 years of failure, we can take America's energy policy in a new direction. And that failure was through Democratic…

govinfo.gov

Other voices in this conversation