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Insurance market and gives them, you know, whether you call it a voucher, premium of support, the reality is they are going to face skyrocketing costs or dramatically lower benefits because private insurance companies are going to ration their care. congressman, i m going to ask you what s going on in the talks with the biden talks but i know you ve been sworn to secrecy. but is there any kind of medicare cut that you could support in those bipartisan negotiations with the vice president? we made it clear we will not support any cuts to medicare beneficiaries. we are more than willing to look at the kind of proposal that i just mentioned, where we say that prescription drug companies that are selling drugs to medicare beneficiaries should have to pay you know, provide the government with greater rebates. for example, the prescription drug industry got a windfall when the republicans passed the prescription drug bill in 2005, because they actually got higher prices for drugs to me ....
You know, whether you call it a voucher, premium of support, the reality is they are going to face skyrocketing costs or dramatically lower benefits because private insurance companies are going to ration their care. congressman, i m going to ask you what s going on in the talks with the biden talks but i know you ve been sworn to secrecy. but is there any kind of medicare cut that you could support in those bipartisan negotiations with the vice president? we made it clear we will not support any cuts to medicare beneficiaries. we are more than willing to look at the kind of proposal that i just mentioned, where we say that prescription drug companies that are selling drugs to medicare beneficiaries should have to pay you know, provide the government with greater rebates. for example, the prescription drug industry got a windfall when the republicans passed the prescription drug bill in 2005, because they actually got higher prices for drugs to medicaid patients who were also med ....
Giant billion dollar giveaway to the prescription drug industry that was never paid for and exploded the deficit. the medicare part d bill is one of the major reasons we have a giant deficit now. in november 2003, george w. bush and house republicans really really really wanted to pass that thing. they held the vote on the house floor, and they held it at 3:00 in the morning, when everybody else in the country was asleep. the vote is ordered. the yeas and nays are ordered. this will be a 15 minute vote. this will be a 15 minute vote, in the middle of the night. that was 3:00 in the morning. 15 minute vote on this thing that would later absolutely monsoon the deficit. there was a big political problem here. republican notice house did not have the votes they needed to pass this thing. when the 15 minutes they allotted for the vote were up, democrats had beaten it. ....
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Over-the-counter drugs for our children, and there s a safety problem. here s what nielsen told me this should be. i think it s a very large wake-up call for over-the-counter drug industry. it s well-known that for the prescription drug industry 80% of the ingredients are imported. fda does very little foreign inspection work on over-the-counter drug suppliers of ingredients active and inactive. and this is a wake-up call, very similar to melamine, to the food safety issue, and heparin to the prescription drugs. so, what do you do if you ve got these meds right now in your medicine cabinet? johnson & johnson, mcneil issue adderall over the weekend for anybody who s got children s tylenol, children s motrin, children s benadryl or zyrtec should take them back to the place that they bought them. they want all of that off of the shelves. the fda says that the generic versions are safe but nielsen said to me this morning can you ....