04.04.19

CREATES Act Chief Sponsor Leahy Hails House Panel’s Unanimous Vote To Advance Counterpart House Bill

Senator Patrick Leahy (D-Vt.),
Chief Sponsor Of The CREATES Act In The Senate (S.340),
Hails The Bill’s Growing Momentum,
Shown By Advancement Of The Counterpart CREATES Act In The House

. . . Reforms Would Save Taxpayers $3.9 B., And Consumers Much More, By Removing Obstacles To Lower-Cost Prescription Drugs

“The House Energy and Commerce Committee Wednesday took an strong step forward in removing obstacles to bringing lower-cost prescription drugs to the American people. By unanimously approving the bipartisan CREATES Act, the committee acted with one voice to combat abusive behavior that drives up prescription drug costs for consumers and for taxpayers. Momentum for our bill has steadily grown, and it continues to grow in this new Congress.

“The Senate bill I introduced with Senator Grassley – and the House counterpart version that advanced Wednesday – continue to gain bipartisan support. The Senate bill now has 31 cosponsors, evenly divided between Republicans and Democrats. We can all agree that prescription drug costs are too high and that anticompetitive practices to block entry of lower-cost generic drugs are costly, and unacceptable. This is the opportunity to actually do what the American people have long demanded: real, practical steps to bring these costs down. The bill reported by the House Energy and Commerce Committee underscores that intent while adding additional language to provide clarity to all parties in how samples must be shared.

“The reforms we call for will make a difference. The CBO finds that our bill would save taxpayers $3.9 billion, and consumers would save even more. I look forward to continuing our methodical work in building momentum toward enacting the CREATES Act, to make prescription drugs more affordable for millions of Americans.”

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