Congress Must Fix the Biden ‘Pill Penalty’
BREITBART
Last year, the catastrophically misnamed Inflation Reduction Act (IRA) was a punching bag on the campaign trail for raiding about $270 billion from Medicare prescription drug spending to fund green energy and electric vehicle giveaways and other Democratic special interest priorities. Less well-known is that the bill also contained a raid-within-a-raid on small molecule drugs subject to price controls four years earlier than biotech drugs. It’s called the “pill penalty” because it diverts research dollars from pills to injectables.