Mr. President, I call up my amendment No. 1207 and ask that it be reported by number. The PRESIDING OFFICER. The clerk will report. The senior assistant legislative clerk read as follows: The Senator from Oregon [Mr. MERKLEY] proposes an amendment numbered 1207. The amendment is as follows: (Purpose: To establish a deficit-neutral reserve fund relating to ending price gouging on prescription drugs) At the end of title III, add the following: SEC. 3___. DEFICIT-NEUTRAL RESERVE FUND RELATING TO REDUCING FEDERAL HEALTH PROGRAM SPENDING FOR PRESCRIPTION DRUGS. The Chairman of the Committee on the Budget of the Senate may revise the allocations of a committee or committees, aggregates, and other appropriate levels in this resolution, and make adjustments to the pay-as-you-go ledger, for one or more bills, joint resolutions, amendments, amendments between the Houses, motions, or conference reports relating to reducing health care costs, which may include legislation enabling Americans to have a much improved opportunity to purchase prescription drugs at, or near, the lower prices manufacturers charge in other similarly developed nations, requiring pharmaceutical manufacturers to report annually the amount of taxpayer dollars used to benefit manufacturers' research and development efforts, or enacting other mechanisms to purchase prescription drugs at lower prices, by the amounts provided in such legislation for those purposes, provided that such legislation would not increase the d…
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