Democrats Take a ‘Tax the Rich’ Approach on Drugs
Sen. Kyrsten Sinema (D-AZ) and Sen. Joe Manchin (D-WV)
Photographer: Kent Nishimura/Los Angeles Times
Hi, it’s Drew in New York. Today we’re going to talk about the “tax the rich” approach to Democrats’ drug-price plans that would go after the wealthy, old sales dynasties of the pharmaceutical world. But first…
Twenty years ago, the government started paying for pharmacy-dispensed prescription drugs in Medicare. Now, for the first time, the program may start negotiating directly with the companies that make them.