Eric Cantor said "I will be glad to respond to the question, because, again, we are talking about the philosophy. Do you want the government out there fixing prices? Do you want the government out there coming up with the formulary? That is what you are talking about. Many States across the country do that, they come up with a formulary, and we all know how difficult it is to get anything through this Congress. So as the drug industry comes up with more and more miraculous lifesaving and life-lengthening drugs, we will be stuck and mired in the bureaucratic process of approving a change in the formulary, so it will almost be impossible for that to happen." @ PoliticalQuotes.com

On the recordOctober 29, 2003

I will be glad to respond to the question, because, again, we are talking about the philosophy. Do you want the government out there fixing prices? Do you want the government out there coming up with the formulary? That is what you are talking about. Many States across the country do that, they come up with a formulary, and we all know how difficult it is to get anything through this Congress. So as the drug industry comes up with more and more miraculous lifesaving and life-lengthening drugs, we will be stuck and mired in the bureaucratic process of approving a change in the formulary, so it will almost be impossible for that to happen.

Said by

Eric Cantor

Virginia

Source

govinfo.gov

Editor's note · Context

Discussing government involvement in drug pricing and formulary processes.

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