Tim Ryan: “One of the provisions, as you said, was giving the Secretary of Health and Human Services who basically in his…”

“One of the provisions, as you said, was giving the Secretary of Health and Human Services who basically in his department administers the Medicare part D, this new prescription drug bill, giving him the ability to go to Merck or Pfizer or one of the major drug companies and basically say, on behalf of these millions of Medicare recipients, if you want the contract to sell them drugs, you need to sit down with me and talk price. The Democrats were not saying we need to create a whole new bureaucracy. We did not say we have got to put a whole new office building in Washington, D.C. to do it. Just give the Secretary of Health and Human Services the ability to go and basically negotiate down these drug prices.”