[Congressional Record Volume 171, Number 81 (Wednesday, May 14, 2025)]
[House]
[Page H2010]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
INTRODUCING LEGISLATION ON DRUG PRICING
(Mr. Khanna of California was recognized to address the House for 5
minutes.)
Mr. KHANNA. Mr. Speaker, I rise today to introduce as legislation
President Trump's executive order for the most-favored-nation status on
drug pricing.
My legislation will codify President Trump's executive order, which
basically says that Americans should not pay more for drugs than people
in other countries and other parts of the world.
Right now, we are paying two to three times more for our drugs than
people in other industrialized nations. This executive order, codified
by the legislation, will allow our Cabinet Secretaries to put pressure
on Big Pharma and make sure that they are not price gouging and will
allow for the importation of cheaper drugs.
Why do we need the legislation? The reality is that Big Pharma will
sue over the executive order, like they did in the previous Trump
administration. In the previous administration, they managed to kill
the executive order. The only way we can stand up to Big Pharma is to
codify legislation, which the President wants to do in an executive
order.
Here is the deal. If I can cross the aisle and support President
Trump's executive order and legislation, every Republican should be
willing to cross the aisle and support my legislation.
It is a pretty simple test. Are we going to stand in this body with
the $16 billion that Big Pharma spent on lobbying, or are we going to
stand with the American people? We will know that answer based on how
many cosponsors we get for my legislation that simply codifies Donald
Trump's executive order.
Opposing Medicaid and NIH Budget Cuts
Mr. KHANNA. Mr. Speaker, I rise today to oppose the cruel budget cuts
on Medicaid and NIH. I don't want to sensationalize. I just want to
give some of the facts.
The Republican budget would cut $715 billion from Medicaid. They are
going to freeze this thing called a provider tax, which means that the
Federal Government is going to give $600 billion less to hospitals
across this country.
That is going to mean, according to the independent Congressional
Budget Office, that almost 8.6 million people will lose their
insurance. It is going to mean that many hospitals won't be able to
offer services in physical therapy and mental health counseling. It is
going to mean, unfortunately, that rural hospitals close.
Don't take my word for it. Take the word of Senator Josh Hawley, who
represents the State of Missouri. He said that these Medicaid cuts
would be a total betrayal by the President and the Republican Party of
the working class.
I never thought I would be quoting Josh Hawley, but everyone should
read his op-ed. He was pretty clear that these cuts would be
devastating for working families.
Look at the cuts to the NIH. A report released today by the Senate
says there is already a 31 percent decrease in cancer research in this
country. The NIH has been decimated with 30 percent effectiveness and
almost a 40 percent cut. This is money that goes not just into cancer
research but into Alzheimer's research and Parkinson's research.
We used to have a bipartisan consensus in this country that we did
not cut Medicaid, that we did not cut medical research, and that we did
not give more tax breaks in my district in Silicon Valley, to the
billionaires in my district, at the expense of medical research and the
working class.
Mr. Speaker, I hope people in this body will reconsider the cruel
cuts to Medicaid.
{time} 1045
I hope people in this body will reconsider the cruel cuts to
Medicaid, the cruel cuts to NIH, and tax the billionaires in my
district a little more so we don't have to cut these essential
programs.
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