Rx plan “seeks to control the means of production for drugs”

ALEXANDRIA, Virginia (September 20, 2019) – 60 Plus Association Founder and Chairman James Martin today issued the following statement in response to House Speaker Nancy Pelosi’s proposal on prescription drugs: 

“Speaker Pelosi’s bill on prescription drugs is a giant step toward government control of the pharmaceutical industry. Through heavy handed tactics, confiscatory taxation and retroactive penalties, the Pelosi plan ultimately seeks to control the means of production for drugs.

“The socialization of the pharmaceutical industry will mean a lower quality of life and shorter life spans for senior citizens. It will limit access to life saving therapies and virtually guarantee an end to the long-term research required to invent the next generation of medicines.

“The bill introduced by Speaker Pelosi will result in fewer choices and less innovation and will harm older Americans. It’s a shameful betrayal of seniors.”