CEI Joins Coalition Letter Rejecting Drug Price Control Legislation
Dear Leader Schumer, Speaker Pelosi, Republican Leader McConnell, and
Minority Leader McCarthy,
We represent fiscal conservatives, free market advocates, and ordinary
Americans concerned about confiscatory taxes on the prescription
medicines we need.
President Biden, Speaker Pelosi, and Leader Schumer are lining up behind
a dangerous plan to impose government price controls on the most
common prescription medicines, especially those most needed by seniors
and the chronically ill (like insulin). Price controls kill innovation and new
breakthroughs, such as COVID vaccines, which are critical to Americans’
health and well-being.
Failure to comply with these new government price controls will result in
a staggering 95 percent tax on those drugs which are sold at fair market
value instead of being price controlled.
Imposing a 95 percent tax on the most essential prescription medicines is
bad tax policy, bad health care policy, and will literally cost lives. Seniors,
for example, cannot afford to pay double for the prescription medicines
they need. Access to drugs will be impeded. Government rationing of
scarce drugs is sure to follow.
A 95 percent excise tax means paying for the prescription drugs we need
twice–once to the drug companies, and again to the government.
We urge you to abandon any efforts to impose a steep tax on the
prescription medicines we need.
Sincerely,
Saulius “Saul” Anuzis
President
60 Plus Association
Bob Carlstrom
President
AMAC Action
Andy Mangione
Senior Vice President
AMAC Action
Dan Conston
President
American Action Network
Dick Patten
President
American Business Defense Council
Phil Kerpen
President
American Commitment
Daniel Schneider
Executive Director
American Conservative Union
Lisa B. Nelson
CEO
American Legislative Exchange Council (ALEC)
Michael Bowman
President
American Legislative Exchange
Council (ALEC) Action
Brent Wm. Gardner
Chief Government Affairs Officer
Americans for Prosperity
Grover Norquist
President
Americans for Tax Reform
Ryan Ellis
President
Center for a Free Economy
Andrew F. Quinlan
President
Center for Freedom and Prosperity
Jeffrey Mazzella
President
Center for Individual Freedom
Ginevra Joyce-Myers
Executive Director
Center for Innovation and Free Enterprise
Chuck Muth
President
Citizen Outreach
Gregory Conko
Senior Fellow
Competitive Enterprise Institute
James Edwards
Founder and Executive Director
Conservatives for Property Rights
Matthew Kandrach
President
Consumer Action for a Strong Economy
Yaël Ossowski
Deputy Director
Consumer Choice Center
Thomas Schatz
President Council for Citizens Against
Government Waste
Adam Brandon
President
FreedomWorks
George Landrith
President
Frontiers of Freedom
Grace-Marie Turner
President
Galen Institute
James Taylor
President
Heartland Institute
Jessica Anderson
Executive Director
Heritage Action
Andrew Langer
President
Institute for Liberty
Tom Giovanetti
President
Institute for Policy Innovation
Brett Healy
President
John K. MacIver Institute for Public Policy
Seton Motley
President
Less Government
Charles T. Moran
Managing Director
Log Cabin Republicans
Doug Badger
Charles Sauer
Founder and President
Market Institute
Horace Cooper
Co-Chairman Project 21
National Center for Public Policy Research
Pete Sepp
President
National Taxpayers Union
Paul J. Gessing
President
Rio Grande Foundation
Bette Grande
CEO, President
Roughrider Policy Center
Karen Kerrigan
President & CEO
Small Business & Entrepreneurship Council
David Williams
President
Taxpayers Protection Alliance
Daivd Balat
Director of Right on Healthcare
Texas Public Policy Foundation
Vance Ginn
Chief Economist
Texas Public Policy Foundation
Kent Kaiser
Executive Director
Trade Alliance to Promote Prosperity
Casey Given
President
Young Voices
Heather R. Higgins
CEO
Independent Women’s Voice
Affiliations listed for identification purposes only.