CTNJ OP-ED | Congress Wants to Lower Drug Prices to Fund Important Priorities

Economists argue that rising healthcare costs crowd out resources for other societal priorities such as education, infrastructure, climate change, and housing. It makes sense in theory but, until lately, it seemed a bit abstract. But right now, Congress and the administration are making the point in very real terms. Policymakers want to make big investments in those priorities, but they have to pay for it. To make up the difference, they’re planning to reduce healthcare costs, specifically Medicare prescription drug prices. Read more