On prescription drug costs, Rubio makes a risky election year bet

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On prescription drug costs, Rubio makes a risky election year bet
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With Election Day just a month away, the GOP senator is making an incredibly bold (and potentially short-sighted) gamble. (via MaddowBlog)

Four Republican senators, including three up for reelection, have introduced a bill that would reverse a popular provision of the Inflation Reduction Act — a means to cut drug prices for Americans. Sens. Cynthia M. Lummis , Mike Lee , James Lankford and Marco Rubio are backing a measure that could end Medicare’s ability to negotiate lower prescription drug costs and would limit Medicare recipients’ annual drug expenses at $2,000.

At face value, this isn’t altogether surprising. Indeed, one of the reasons the effort to lower costs has taken so long is that GOP officials have so consistently stood with the pharmaceutical industry against reforms.Wyoming’s Lummis won’t face voters again until 2026, and her re-election in one of the nation’s reddest states is all but assured. Utah’s Lee and Oklahoma’s Lankford are both up this year, but given their state’s partisan leanings, both are heavily favored.

But Rubio offers a qualitatively different kind of story. He represents Florida, after all, and the last time I checked, there are quite a few seniors in the Sunshine State who’ll benefit from the Inflation Reduction Act’s measures related to prescription drug costs. Rubio didn’t have to endorse this, at least not before the election. There is exactly zero chance this bill will be considered in this Congress, so he had no real incentive to attach himself as a co-sponsor. It would’ve been politically smart to simply ignore this bill in the short term, while pursuing his regressive goals next year.

The Florida Republican nevertheless wants it to be known: Rubio is a conservative incumbent who, if re-elected, will side with pharmaceutical companies against a popular measure designed to help consumers afford their prescription medications.

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