Trump-GOP Giveaway to Big Pharma Will Hit Taxpayers With $9 Billion in Higher Drug Costs

Trump-GOP Giveaway to Big Pharma Will Hit Taxpayers With $9 Billion in Higher Drug Costs

"Donald Trump and Republicans are selling out America's seniors," said one advocate.

STATEMENT: CBO Says Trump and Republicans Just Handed Big Pharma an $8.8 Billion Gift While Seniors Get Stuck With the Bill

Washington, D.C. – Today, the nonpartisan Congressional Budget Office (CBO) revealed that Medicare will be missing out on $8.8 billion in savings over 10 years due to prescription drug pricing provisions in Donald Trump and Republicans’ tax bill.  In the GOP bill, big drug companies scored one of their biggest victories in years, putting new restrictions on when and what prescription drugs Medicare can negotiate. Many of the medications that woul