S.Amdt. 175Senate115th Congress (2017-2019)
S.Amdt. 175
Sponsored by
Sen. Ron Wyden (D-OR)
Submitted January 11, 2017
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Senate amendment submitted
January 11, 2017
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Submitted
SA 175. Mr. WYDEN (for himself, Mr. Sanders, Mr. Brown, and Ms. Klobuchar) submitted an amendment intended to be proposed by him to the concurrent resolution S. Con. Res. 3, setting forth the congressional budget for the United States Government for fiscal year 2017 and setting forth the appropriate budgetary levels for fiscal years 2018 through 2026; which was ordered to lie on the table; as follows: Beginning on page 45, strike line 2 and all that follows through page 46, line 14 and insert the following: SEC. 2000. FINDINGS. Congress finds the following: (1) Total annual drug spending in the United States is projected to reach more than $500,000,000,000 by 2018. (2) One out of five Americans age 19 to 64 cannot afford to fill their prescriptions. (3) Spending on prescription drugs in the United States grew by 12 percent in 2014, faster than in any year since 2002. (4) Medicare part D drug spending was $90,000,000,000 in 2015, and is expected to increase to $216,000,000,000 by 2025. (5) Medicare part B drug spending also more than doubled between 2005 and 2015, increasing from $9,000,000,000 in 2005 to $22,000,000,000 in 2015. (6) In 2014, prescription drug spending in Medicaid increased by 24 percent. (7) During the Presidential campaign, the President-elect said, "When it comes time to negotiate the cost of drugs, we're going to negotiate like crazy, folks" and his campaign website said that, ``allowing consumers access to imported, safe and dependable drugs from overseas will bring more options to consumers.''. (8) After being elected, the President-Elect said, ``I'm going to bring down drug prices. I don't like what's happened with drug prices.''. (9) On January 11, 2017, the President-elect said, ``We have to create new bidding procedures for the drug industry, because they are getting away with murder.''. SEC. 2001. RECONCILIATION IN THE SENATE. (a) Committee on Finance.--The Committee on Finance of the Senate shall report changes in laws within its jurisdiction to reduce the deficit by not less than $1,000,000,000 for the period of fiscal years 2017 through 2026. (b) Committee on Health, Education, Labor, and Pensions.-- The Committee on Health, Education, Labor, and Pensions of the Senate shall report changes in laws within its jurisdiction to reduce the deficit by not less than $1,000,000,000 for the period of fiscal years 2017 through 2026. (c) Requirement.--Changes in laws reported by such Committees shall bring down the price of drugs as promised by the President-Elect. (d) Submissions.--In the Senate, not later than January 27, 2017, the Committees named in subsections (a) and (b) shall submit their recommendations to the Committee on the Budget of the Senate. Upon receiving all such recommendations, the Committee on the Budget of the Senate shall report to the Senate a reconciliation bill carrying out all such recommendations without any substantive revision. SEC. 2002. RECONCILIATION IN THE HOUSE OF REPRESENTATIVES. (a) Committee on Energy and Commerce.--The Committee on Energy and Commerce of the House of Representatives shall submit changes in laws within its jurisdiction to reduce the deficit by not less than $1,000,000,000 for the period of fiscal years 2017 through 2026. (b) Committee on Ways and Means.--The Committee on Ways and Means of the House of Representatives shall submit changes in laws within its jurisdiction to reduce the deficit by not less than $1,000,000,000 for the period of fiscal years 2017 through 2026. [[Page S293]] (c) Requirement.--Changes in laws reported by such Committees shall bring down the price of drugs as promised by the President-Elect. (d) Submissions.--In the House of Representatives, not later than January 27, 2017, the committees named in subsections (a) and (b) shall submit their recommendations to the Committee on the Budget of the House of Representatives to carry out this section. ______