“Powerful interest groups out there don’t want this legislation to succeed, so they’re pouring dark money into efforts to stop it,” said one Democratic senator.

By Jake Johnson  Published 7-29-2022 by Common Dreams

The group American Commitment is running ads in several states attacking Democrats’ plan to lower prescription drug prices. (Photo: Screengrab/American Commitment)

While its thousands of lobbyists work fervently on Capitol Hill, the pharmaceutical industry is flooding the airwaves in several states with deceptive ads in a last-ditch campaign to block Senate Democrats’ plan to curb the unchecked pricing power of drug corporations.

Included as part of a reconciliation package negotiated by Sen. Joe Manchin (D-W.Va.) and Senate Majority Leader Chuck Schumer (D-N.Y.), the proposal would require Medicare to negotiate the prices of a small number of drugs directly with pharmaceutical companies, which can currently drive up costs as they please—boosting their profits at the expense of patients. Continue reading →