What Will It Mean For Pharma If Pelosi-Led Democrats Take The House?
The pharmaceutical industry is bracing for what may come if Rep. Nancy Pelosi (D-Calif.) takes over leadership. "Democrats have made real action to lower prescription drug prices central” to the party’s campaign strategy. "It will be one of our first legislative priorities in the majority,” she tells Stat. And more news is reported on California's propositions 4 and 1.
Pharma Braces For A Pelosi Speakership And Democrats' Drug Pricing Agenda
Nancy Pelosi marched into PhRMA’s offices this July with the law on her side. Never mind that the law in question has never been put to use: Pelosi spoke in detailed terms of a federal statute that allows the U.S. government to effectively strip drug companies of exclusive licenses to some blockbuster medicines. It was a head-turning threat from the woman likely to serve as speaker of the House next year, delivered straight to the drug lobby’s board of directors — executives from many of the country’s largest and most politically powerful pharmaceutical manufacturers. (Facher, 10/30)
CBS News 8:
Sen. Feinstein Visits Rady Children's Hospital To Back Prop 4
Senator Dianne Feinstein on Tuesday paid a visit to Rady Children's Hospital in San Diego to discuss Proposition 4 - the Children's Hospital Bonds Initiative. The California representative voiced her support for the proposition, which, if voters approve on election day, will authorize $1.5 billion in bonds for the construction, expansion, renovation, and equipping of children's hospitals in California, including Rady Children's Hospital. (10/30)
Capital Public Radio:
Prop. 1 Would Allow California To Borrow Billions For Affordable Housing Programs
While California's Proposition 1 is called the Veterans and Affordable Housing Bond Act of 2018, only a quarter of the money goes to housing programs for vets. The initiative is aimed at easing the state's housing crisis and has broad support throughout the state. If approved, it would authorize the state to borrow $4 billion for a variety of housing programs. (White, 10/30)
And in more news from the national elections stage —
Exclusive Poll: What Voters Want From “Medicare For All”
Voters like some form of “Medicare for All” but are divided over what it should look like, according to our latest Axios/SurveyMonkey poll — which is about the same situation Democratic candidates are in. (Baker, 10/31)