Frank Pallone: “I think one of the President's biggest mistakes over the last year was signing a so-called prescription drug bill into…”

“I think one of the President's biggest mistakes over the last year was signing a so-called prescription drug bill into law which he knew would benefit the pharmaceutical companies a lot more than the millions of seniors who need help now with their prescription drug bills. Mr. Speaker, seniors have done the math. I had some opportunities during the district work period, during Easter and Passover, to meet with senior citizens, and they have done the math with regard to the President's so-called prescription drug plan. They realize that the President's law was a mistake because it will not help them with the ever-increasing cost of prescription drugs.”