Home passes Speaker Nancy Pelosi’s invoice to decrease drug costs

The Home of Representatives on Thursday handed Speaker Nancy Pelosi‘s drug pricing laws, a sweeping invoice that may permit the U.S. authorities to barter decrease costs on the most expensive medicine every year.

The laws, which handed the Home 230 to 192, was extensively anticipated to be authorised within the Home, the place Democrats management the chamber with 233 seats versus 197 held by Republicans. Pelosi reached an agreement days earlier than with a key bloc of liberal Democrats who thought the invoice did not go far sufficient and had been threatening to oppose it on the Home ground. Two Republicans voted in assist of the invoice.

The invoice’s possibilities of changing into regulation are slim. The laws is unlikely to be taken up within the Senate, the place lawmakers have launched a competing health-care invoice. Moreover, Senate Majority Chief Mitch McConnell has beforehand dominated out any motion on Pelosi’s invoice, and President Donald Trump, who’s in the course of an impeachment inquiry, has vowed to veto it. Nonetheless, the laws will doubtless give voters a preview of the occasion’s platform on well being care forward of the 2020 elections.

The laws “delivers on President Trump’s promise to the American individuals,” Pelosi mentioned Thursday, referring to Trump’s feedback in 2016 that he would “negotiate”…