Lowering Prescription Drug Costs

Posted by Michael Link on May 4, 2007 at 05:40 PM

Chalk up one more victory for America, as the Senate voted 63-28 on an amendment to allow lower-priced prescription drugs to be imported from Canada. While the president's advisors are recommending a veto, the bill still stands a shot at passage.

From the AP:

The amendment that survived the test vote would permit broader imports of prescription drugs from Canada and elsewhere, where certain medicines can cost less than two-thirds what they do in the United States. Backers hope the imports will drive down prices at home.

"The fact is, we are paying the highest prices for brand-name prescription drugs in the world and that's not fair," said Sen. Byron Dorgan, D-N.D., the amendment's sponsor. "Let's make the global economy work for everybody."

By lowering costs, the bill would help ensure that seniors didn't have to choose between taking their prescriptions and their next meal. The legislation has a tremendous level of support of Americans over 50. In one poll conducted by AARP, the 79% backed re-importation and only 9% was against it. In the same survey, 86% wanted Congress "to give top or high priority" to tackling the rising costs of prescription drugs.

If Bush is thinking "What do I care? My approval rating can't get any worse!" then he might just learn he's wrong.

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