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Obama singles out drug makers for cost savings



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Considering you can buy the same drugs in Europe, made and sold by the same drug companies, for one-fifth the price (and more), you'd better believe there are more drug savings to be had. If Americans knew how much drug companies are gouging us, while charging Europeans 1/5th as much, they'd be livid.

Bloomberg:

“The drug companies, for example, are still doing very well through the Medicare program,” Obama said today at a news conference. “Although we have made drugs more available at a cheaper price to seniors who are in Medicare through the Affordable Care Act, there’s more work to potentially be done there,” he said in referring to the 2010 health-care overhaul.


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