On the recordFebruary 2, 2023
Mr. Speaker, the good news is, we not only have already brought some bills to achieve cost savings, we are going to continue to bring bills to achieve cost savings. In one example, the gentlewoman referred to a piece of legislation that deals with drug prices, and it was failed to mention that part of what that bill did was limit about 40 percent of lifesaving drugs to come to market. We are already seeing right now a reduction in R&D and drugs being developed to cure new diseases because many of those countries that have government-fixed pricing also don't have many of the lifesaving drugs that America has because of that very policy. {time} 1300 I am curious to see which lifesaving drugs they don't want to have on the market in America anymore. You can go to Canada, you can go to France, and you can see a long list, unfortunately, of drugs that you can't get in those countries that you can get in America that save lives every day. That bill also raised taxes to the tune of over a trillion dollars on Americans. It raised spending to the tune of over a trillion dollars in America. That has increased inflation. The biggest concern I hear from families who want cost savings is to stop the mad spending in Washington. It has not only caused them to have to pay more for everything they buy, it has literally taken a paycheck a year--at least one month's pay a year--out of their pockets because of all of the spending we have seen in the last 2 years in Washington.…





