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Majority Leader Schumer Statement On Senate Parliamentarian Approval Of Democratic Provisions To Lower Prescription Drug Prices In Inflation Reduction Act

Washington, D.C.   Senate Majority Leader Chuck Schumer (D-NY) released the following statement on the Senate Parliamentarian’s approval of Democratic provisions to lower prescription drug prices in the Inflation Reduction Act:

“Democrats have received extremely good news: for the first time, Medicare will finally be allowed to negotiate prescription drug prices, seniors will have free vaccines and their costs capped, and much more. This is a major victory for the American people.  While there was one unfortunate ruling in that the inflation rebate is more limited in scope, the overall program remains intact and we are one step closer to finally taking on Big Pharma and lowering Rx drug prices for millions of Americans.”