“Prescription drug reform — a centerpiece of the Democrats’ $3.5 trillion reconciliation package — is on the brink of falling apart, as two key lawmakers have come out against the proposal being considered today in the Energy and Commerce Committee,” Punchbowl News reports.
“All this could blow a $700 billion hole in the Democrats’ reconciliation plans, making it harder for moderates to support it. Democrats were counting on the prescription drug reform creating hundreds of billions of dollars in savings by allowing Medicare to negotiate on prescription drug costs.”
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