News · Press Release

ICYMI: Republicans Obstruct Efforts to Lower Drug Prices, Protect Big Pharma Instead

Jim Jordan and Mark Meadows warn pharmaceutical industry not to cooperate with investigation into rising drug prices

Republicans have taken their work for special interests to a whole new level, this time at the expense of American families struggling to survive the skyrocketing cost of prescription drugs. According to a new report from Buzzfeed, House Oversight Committee Republicans Jim Jordan and Mark Meadows this week wrote to pharmaceutical company CEOs, cautioning them not to comply with a House investigation into rising drug prices because it could hurt their bottom line.

As Buzzfeed reported:

In an unusual move, House Republicans are warning drug companies against complying with a House investigation into drug prices.

Republicans on the House Oversight Committee sent letters to a dozen CEOs of major drug companies warning that information they provide to the committee could be leaked to the public by Democratic chair Elijah Cummings in an effort to tank their stock prices.

…Democrats expressed bafflement at the letters. While politicians routinely spar over committee work, warning companies not to comply with an investigation is unconventional — perhaps even unprecedented, Democrats say.

This isn’t the first time Republicans have put their loyalty to big pharma ahead of the middle class. Their Tax Scam raised taxes on working families while allowing drug companies to pocket billions of dollars in savings. Those same companies continued to raise drug prices, padding their profits while everyday Americans paid the price.

“The fact that Republicans are putting profits for big pharmaceutical companies ahead of the ability of everyday Americans’ to afford their prescriptions says all you need to know about their priorities. Voters know who Washington Republicans answer to and they’re tired of out-of-touch politicians putting their special interest backers first and the needs of everyday Americans last,” said DCCC Spokesperson Jared Smith.


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