Sens. Cory Booker and Bernie Sanders are pushing for the creation of a new federal agency to control the rising cost of prescription drugs
The pair, who are both vying for the 2020 Democratic presidential nomination, proposed a bill Friday that would create a Bureau of Prescription Drug Affordability and Access, which would be responsible for determining the list prices of medications. The big stick: If a drug maker didn't comply, the government would void its exclusivity protections and allow other companies to produce generic versions of the medicine.
Kamala Harris, who is also running for the Democratic nomination, is even more progressive than the previous Democratic bills to allow the federal government to negotiate prices with drug companies, which has been a non-starter in the GOP-led Senate. It is another example of how some Democrats -- and presidential candidates -- are pushing the party leftward.
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