Richard Hudson
08/15/2024 | Press release | Distributed by Public on 08/15/2024 19:43
Hudson Statement on the Biden-Harris Administration's Drug Price Setting Scheme
WASHINGTON, D.C.- Today, Congressman Richard Hudson (NC-09), a member of the House Energy & Commerce's Health Subcommittee, released the following statement after the Biden-Harris Administration announced drug price controls mandated by the so-called "Inflation Reduction Act" (IRA):
"Kamala Harris and Joe Biden can try and tout the IRA's price-setting scheme as a win for patients, but it's just the opposite," said Congressman Hudson. "This disastrous plan will hike up costs on other drugs, discourage innovation, and, ultimately, increase costs and limit choices for seniors and people with rare diseases - while robbing taxpayers. Make no mistake: these price controls put patients last."
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