Political Quotes

On the recordDecember 8, 2003
today, as the President signs the Medicare Reform Act dealing with prescription drugs, although this is going to be hailed around in Washington as a great day, we missed an opportunity to save our seniors dramatically on the cost of prescription drugs. We could have included a provision that allowed prescription drugs to be purchased in Canada or Europe where prices are 40 to 50 percent cheaper, saving for seniors, on average, a good deal of money, as well as taxpayers a good deal of money. We could have included a provision to allow a Sam's Club-like bulk negotiating which the Veterans' Administration does for veterans, and we could have done that for Medicare, for 41 million Americans, to reduce prices. Either way, either of these issues, either through open markets and market access, allowing competition to bring prices down and give consumers choice, or allowing bulk price negotiations, which is what happens if you have a Sam's Club. In either manner, we in the government prevented that from happening and are forcing our seniors into higher prices and forcing our taxpayers to play inflated prices. We have an obligation to the taxpayers to give them the best and most affordable prices for their taxpayer money, and we took a pass today on that legislation.
Said by
Rep. Rahm Emanuel
Illinois

Editor's note · Context

Criticizing the Medicare Reform Act for not including provisions to lower prescription drug costs.

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