A conservative darkish cash group has launched a sequence of radio advertisements attacking a bipartisan invoice authored by the senior Republican in the USA Senate, Iowa’s Chuck Grassley.
Becoming a member of in the fitting’s “all the things we don’t like is socialism” parade, the group means that by decreasing the quantity senior residents and authorities insurance coverage applications pay for prescribed drugs, the invoice is a socialistic plot that might cease pharmaceutical corporations from curing illness.
The advertisements, posted on-line Wednesday, come from a shadowy right-wing assault group referred to as American Future Fund. Whereas the tax-exempt group doesn’t disclose its funders, its authentic seed cash reportedly got here from a rich Iowa ethanol govt and it has acquired vital contributions from organizations linked to petrochemical billionaires Charles and David Koch.
Every advert is a 60-second radio hit purportedly saying “thanks” to Republican senators who opposed the Prescription Drug Pricing Discount Act (PDPRA) of 2019.
The spots thank Sens. Mike Crapo (R-ID) and Pat Toomey (R-PA) for his or her committee votes in opposition to the invoice. They reward every for having “voted to guard seniors from arbitrary authorities worth controls on Medicare Half D.”
“Authorities worth controls would gradual analysis and growth of recent medication, delaying progress on cures for ailments, like most cancers and Alzheimer’s, and making them dearer,” the narrator claims. The listeners are urged to name their senator to thank them “for defending free-market rules” and to induce them “to proceed to oppose socialist worth controls.”
The argument, it could seem, is that by paying much less cash to drug corporations, the drug corporations may have much less cash to analysis new medicines. Taken to its logical excessive, if the federal government supplied to triple what it pays for medicines, drug corporations would develop much more cures.
The invoice accommodates a wide range of provisions altering the best way Medicare and Medicaid pay for prescribed drugs.
Grassley has promised it should cut back prices by billions for the federal government and beneficiaries of Medicare and Medicaid, and would additionally decrease prescription drug prices for individuals coated by non-public insurance coverage. Whereas the invoice has earned reward from client teams, it was a blow to the pharmaceutical trade.
The “chairman’s mark” of the PDPRA, backed by each Senate Finance Committee Chairman Grassley and his rating Democratic member, Sen. Ron Wyden of Oregon, was handed out of committee on an 19 to 9 vote.
By voting no, Crapo and Toomey gained not simply the gratitude of the American Future Fund — whoever they’re — however radio advertisements suggesting that this vote makes them heroes.