On the recordJanuary 11, 2017
I call up amendment No. 188 and ask unanimous consent that it be reported by number. The PRESIDING OFFICER. Without objection, the clerk will report the amendment by number. The legislative clerk read as follows: The Senator from Oregon [Mr. Wyden] proposes an amendment numbered 188. The amendment is as follows: (Purpose: To create a point of order against legislation that does not lower drug prices) At the end of title IV, add the following: SEC. 4__. POINT OF ORDER AGAINST LEGISLATION THAT DOES NOT LOWER DRUG PRICES. (a) Findings.--The Senate finds the following: (1) Total annual drug spending in the United States is projected to reach more than $500,000,000,000 by 2018. (2) One out of five Americans age 19 to 64 cannot afford to fill their prescriptions. (3) Spending on prescription drugs in the United States grew by 12 percent in 2014, faster than in any year since 2002. (4) Medicare part D drug spending was $90,000,000,000 in 2015, and is expected to increase to $216,000,000,000 by 2025. (5) Medicare part B drug spending also more than doubled between 2005 and 2015, increasing from $9,000,000,000 in 2005 to $22,000,000,000 in 2015. (6) In 2014, prescription drug spending in Medicaid increased by 24 percent.…





