Congresswoman Donna Shalala Delivers Weekly Democratic Address
Contact: Speaker's Press Office (Pelosi), 202-226-7616
Congresswoman Donna Shalala Delivers Weekly Democratic Address
Below is a full transcript of the address:
"Hello, I'm
"I represent
"Only a few times in our history has
"We changed lives. We saved lives.
"Now, we continue to work For The People with H.R. 3, the Lower Drug Costs Now Act.
"We are working to pass this bill into law so it can join these momentous commitments.
"We pay more for our prescription drugs than any other country on Earth.
"We have made incredible advances in medical science and developed cures not only for our own people, but also for the rest of the world.
"And yet, even when our own researchers and scientists have dedicated their lives to creating lifesaving drugs, too many of our fellow Americans can't afford to benefit from their brilliance.
"In
"H.R. 3 makes reforms to reduce drug prices, to keep cost hikes to no more than inflation and to limit out-of-pocket costs for those on Medicare, on employer plans and private health insurance.
"To help secure these patient protections, we will require our government to negotiate prices directly with drug companies.
"I served as Secretary of
"Only drug companies get to come to Medicare and set their own prices. Hospitals don't get to do that; doctors don't get to do that; home health care agencies don't get to do that; medical equipment providers don't get to do that.
"Negotiation is a hallmark of good governance and a standard feature of government policy. We negotiate for everything, including military equipment and work with contractors.
"It is only drug companies that are able to write themselves a blank check from taxpayers. Our legislation ends that practice.
"Now is the time for us to join every other country on Earth in allowing our government to bargain for better prices and to put a cap on our out-of-pocket costs.
"As citizens, we have always been willing to subsidize poorer countries. But subsidizing
"We are not their deep pockets. We should not pay substantially more for the same medicines than people in those countries.
"The current, broken system is costing our families and businesses hundreds of billions of dollars. We must not accept this waste or this unfairness any longer.
"Our bill is a solid plan to reduce out-of-pocket health care costs for every American, and it will create huge savings for taxpayers.
"These savings will allow us to make significant investments in the extraordinary biomedical science institutions that foster innovation, such as the
"This bill will expand our capacity for innovation and make drug companies more efficient. H.R. 3 is a historic step forward to make all of our lives better.
"Thank you, and God bless America."


Patent Issued for Systems And Methods For Notification Of Exceeding Speed Limits (USPTO 10,434,941)
Survey: Investors Unnerved By Campaign Rhetoric
Advisor News
- Your client’s $3 million portfolio doesn’t tell you their insurance needs
- How life insurance can provide liquidity for wealthy families
- Retirement providers turn to digital engagement to retain assets
- Looking out for clients with diminished mental capacity
- House panel advances CLEAR Forms Act backed by IRI
More Advisor NewsAnnuity News
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
- Lawsuit claims Delaware Life hid billions in insurer-linked investments
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
- Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
More Annuity NewsHealth/Employee Benefits News
Life Insurance News