Trump’s Budget Falls Short Of Endorsing Senate Drug Pricing Bill

By Ariel Cohen / February 10, 2020 at 5:52 PM
The president’s 2021 budget proposal assumes drug pricing legislation would save $135 billion -- a similar amount to the estimated savings from the Senate Finance Committee’s drug pricing bill -- but the budget does not endorse the Senate bill, an administration official said. President Donald Trump’s budget, released Monday (Feb. 10), does not specify how it would save $135 billion. It says the administration supports capping seniors’ annual Medicare drug costs and encouraging generics and lower-costs biosimilars, which are goals...

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