Dec 9, 2019

House to vote on drug prices this week

House Speaker Nancy Pelosi. Photo: Michael Brochstein/Echoes Wire/Barcroft Media via Getty Images

The House is set to vote this week on its drug-pricing bill, but the outlook for an ultimate deal continues to look not great.

Driving the news: House leaders may bring the bill to the floor without an amendment from Rep. Pramila Jayapal, a progressive stalwart.

  • That has prompted progressive Democrats to consider trying to block a vote on the bill, The Hill's Peter Alexander reported Friday.

Where it stands: The White House has already criticized Pelosi's bill, and pushback from the left obviously wouldn't help its chances.

  • The Senate's bill is really the one to watch, but it has much less support from leadership.
  • In short, a lot of frayed alliances — between Pelosi and the left, Pelosi and Trump, pharma critics and McConnell — would need to un-fray in order for anything to happen here. And the clock is running out.

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House passes Pelosi-backed drug pricing bill

Photo: Drew Angerer/GettyImages

The House on Thursday passed a drug pricing bill backed by Speaker Nancy Pelosi that would allow the federal government to negotiate prices for specific drugs on behalf of Medicare and the private market.

Why it matters: Pelosi struck a last-minute deal with progressive Democrats who thought the bill didn't go far enough. Nonetheless, the bill has almost no chance in a Republican-controlled Senate.

Go deeper: Nancy Pelosi's drug pricing bill threatens small biotech companies

Keep ReadingArrowDec 12, 2019

Big Pharma keeps its status quo after USMCA deal

Illustration: Eniola Odetunde/Axios

Pharma didn't get what it wanted on trade, but it's still doing just fine.

The big picture: In this political climate, with this much scrutiny on drug prices, preserving the status quo is an enormous victory for this incredibly powerful industry. And though it failed to win a new victory on trade, the status quo is perfectly intact.

Go deeperArrowDec 11, 2019

The highest drama comes home

Trump departs the White House for a “Merry Christmas” campaign rally in Battle Creek, Michigan. Photo: Alex Wong/Getty Images

Here's a split screen for the ages: While House Democrats are impeaching President Trump, he'll be firing up supporters at an election rally in Michigan.

Why it matters: This is the perfect encapsulation of the impeachment process.

Go deeperArrowDec 18, 2019