PELOSI PRICING PLAN WILL YIELD 100 FEWER NEW DRUGS WHITE HOUSE PREDICTS

Democratic House Speaker Nancy Pelosi’s sweeping drug-pricing bill would result in as many as 100 fewer drugs hitting the U.S. market over the next decade, the White House claimed in a report Tuesday. The White House, citing an analysis from the Council of Economic Advisers, an agency within the executive office, also said Pelosi’s bill would lead to worse health outcomes and cost the U.S. economy $1 trillion per year over that time period.
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