Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Democrats say no to cost cap for drug makers

New York Times, August 10, 2009

Congressional Democrats said that they intended to push the Obama administration to back away from its deal with the drug industry to cap its share of the costs in a healthcare overhaul. A spokesman for Speaker Nancy Pelosi said she stood by her position that the House was not bound by any such agreement. Pelosi supports House efforts "to squeeze more money out of the system, including from the pharmaceutical industry," her spokesman, Nadeam Elshami, said in a statement.