Monday, February 2, 2015

Obama's budget targets high cost of cutting-edge drugs

News cameras watch as President Barack Obama's $4 trillion budget plan is distributed by Senate Budget Committee staffer Eric Chalmers, left, as it arrives on Capitol Hill in Washington, early Monday, Feb. 02, 2015. The fiscal blueprint for the budget year that begins Oct. 1, seeks to raise taxes on wealthier Americans and corporations and use the extra income to lift the fortunes of families who have felt squeezed during tough economic times. Republicans, who now hold the power in Congress, are accusing the president of seeking to revert to tax-and-spend policies that will harm the economy while failing to do anything about soaring spending on government benefit programs. (AP Photo/J. Scott Applewhite) WASHINGTON (AP) — Patients face ever-growing exposure to the cost of revolutionary new medications. Now, President Barack Obama's budget has reopened the debate on using the government's buying power to squeeze drug makers for lower prices.








via Health News Headlines - Yahoo News http://ift.tt/1LELGoj

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