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@politics on kbin.social is a magazine to share and discuss current events news, opinion/analysis, videos, or other informative content related to politicians, politics, or policy-making at all levels of governance (federal, state, local), both domestic and international. Members of all political perspectives are welcome here, though we run a tight ship. Community guidelines and submission rules were co-created between the Mod Team and early members of @politics. Please read all community guidelines and submission rules carefully before engaging our magazine.

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Inflation Reduction Act foes race to repeal climate, drug pricing programs (archive.is)

submitted 1 year ago by [email protected] to c/[email protected]

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Republicans racing to gut programs that help keep the government budget balanced and others that actually massively benefit their own districts. Highlights of the article include $375 million alone spent by the pharmaceutical industry lobbying to try and kill provisions to allow the government to negotiate drug prices.

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[–] [email protected] 2 points 1 year ago (1 children)

Starter comment: pharmaceutical industry reps in the article had the nerve to call drug price negotiations extortion? Meanwhile you have companies like biogen bragging to investors about how their ridiculously priced drugs could bankrupt Medicare. Maybe if they didn't spend the vast majority of their revenues on marketing and saved a higher percentage for actual r&d they could have more reasonable pricing.

[–] [email protected] 3 points 1 year ago

I think I've read that only 3 or 4 countries on the planet allow drug advertisements on television.