New PRI Brief Warns Trump Drug Price Control Policies Would Lead U.S. Down the Path to European-Style Socialism
SACRAMENTO – The Center for Medical Economics and Innovation at the Pacific Research Institute – a nonpartisan, California-based, free market think tank – today released a new issue brief warning that efforts by the Trump administration and some Republicans in Congress to embrace and expand the government price controls on prescription drugs – first introduced under the Inflation Reduction Act and signed into law by President Biden in August 2022 – would deal a major blow to American pharmaceutical innovation...