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Congressman Van Drew Announces Introduction of Bill to Codify President Trump's Executive Order Lowering Drug Prices for Americans

Congressman Van Drew Hosts HUD Secretary for a Listening Session with AC Public Housing Residents and Community Leaders

Washington, DC -Today, Congressman Van Drew released the following statement in support of President Trump's executive order, signed today, which will tie what Medicare pays for prescription drugs to the lowest prices paid in other developed countries.

"Today, President Trump took a bold step to lower prescription drug prices for Americans, and I fully support it," said Congressman Van Drew. "For far too long, American families have been stuck paying outrageous prices for the same drugs sold at a fraction of the cost in other countries. This has to change. In fact, I will be introducing the Fair Prescription Drug Prices for Americans Act in the coming days to build on the President's action. This bill will make it illegal for drug manufacturers to charge Medicare and privately insured Americans more than what they charge in other countries like Canada, the United Kingdom, or Japan. If they exceed that amount, they will face serious civil monetary penalties of ten times the difference in price for every single dose sold under those insurance plans. It is time to put the interests of the American people first and stop letting Big Pharma get away with price gouging."