FOXNEWS Fox News Live October 3, 2021 17:36:00
Price goes from $550 billion to $1.1 trillion. they're hiding that. richard talked about making sure americans stay healthy. i'm all for that. that gets very hard to do when you have a brand new medicare price control regulation in this bill. essentially, it says that the drug companies will have prices imposed on them based on foreigns price controls -- foreign price controls base on them. if the companies do not go along, they'll be subject to a 95% tax on the gross sales from those drugs. not profits. and according to merck, they believe that will reduce their available money for r&d by 50%...