Democrats are vying to win the prescription drug business

“Much progress has been made on a compromise agreement on prescription drugs that would involve a certain amount of negotiation” between Medicare and pharmaceutical companies, a source familiar with the talks said. Biden’s package earlier this week is “optimistic that something can be added before the vote in Parliament”.

Pallone in Sens. Chris Murphy (D-Conn.), Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.), Amy Klobuchar (D-Minn.) And Mark Kelly (D-Ariz.) Discussed the matter late in Thursday. According to several sources who know the conversation directly, these talks continued over the weekend. Cinema spoke with President Nancy Pelosi this weekend about the issue, and the White House is also involved.

The latest draft effort includes redesigning Part D of Medicare, negotiating medications and discounts, a source directly aware of the effort said. It is not as extensive as the milestone of the HR 3 drug law, but it is based on the same parameters.

No deal was finalized Sunday morning, but there was some hope in the party to reach one in the next 24-48 hours. Sanders told CNN on Sunday that he had been working on the case all Saturday and “as soon as I leave the studio, I will return home to call the phone to make sure we have it.”

Biden had previously struck a more limited deal with Sinema and MP Scott Peters (D-California), who was opposed by Democrats in the House of Representatives, in the hope that the policy would become more expansive and apply to more drugs. Democrats in the House of Democrats insist Pallone never backed down from the talks, even after Sinema and Peters struck a deal with Biden that failed to achieve his goals.

But inserting anything into what is probably the only chance to become law is not tempting for most Democrats. In addition, reaching an agreement would bring new revenue for legislation, perhaps help pay for more programs, or keep them longer.

Pallone was in favor on Thursday: “I think we are very close to a deal. We will get a bill that will have agreed prices and that will change in the sense that people will be able to afford their drugs.” Peters said Pallone had “come a long way in politics,” but said their efforts did not yet have 50 votes in the Senate.

But if Democrats can re-incorporate the anti-drug plan, lawmakers and aides say it will approach the much narrower and more industry-friendly version proposed by the House and Senate centrists, and confirmed by the White House as an aggressive plan that has already passed home twice. Although the pharmaceutical industry aims to prevent any government price negotiations, limiting the negotiations to a narrow subset of drugs and relying more heavily on measures such as out-of-pocket restrictions that do not affect companies ’end results would win in itself.

Several progressives and frontliners said they would rather drop drug prices from the package than release what they see as a weak version that will weaken motivation for future action. Spokeswoman Susan Wild (D-Pa.) Said: “Who I understand will, if he returns, be it a Peters version or worse. I am very upset about this. It’s just awful. “

In addition to relieving state and local tax burdens, prescription drug reform remains the most likely addition to Biden’s initial framework, which spends hundreds of billions on climate action, universal pre-K, tax breaks for children, and home care. Sanders wants his Medicare expansion to cover more than just a hearing, like the current plan, while other Democrats are trying to add new tax policies, paid leave and immigration reform to the package.

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