he has not yet entered a plea. he s being held without bond and due back in court september 18th. david? david: alex perez in north carolina tonight. thank you, alex. at the white house today, president biden revealing his new plan to lower the cost of ten prescription drugs for seniors. including drugs to treat diabetes and cancer. americans pay more for prescription drugs than any country in the world, and tonight, for the first time, the president says that medicare will finally negotiate with the drug companies to lower the prices. abc s selina wang with a list of these prescription drugs. she s at the white house tonight. reporter: tonight, president biden announcing for the first time ever medicare will begin negotiating drug prices with manufacturers, targeting ten major medications that treat everything from diabetes to blood clots to cancer. the president says it will mean lower health care costs for millions of americans. today is the start of a new e deal for patient
being middle class right now, it s tough making ends meet for sure. republicans in congress say if we just cut taxes even more for the biggest corporations the money will eventually someday trickle trickle down to you. right. joe biden would rather just stop those corporations from charging so damn much. capping the cost of drugs like insulin. cracking down on surprise medical bills and all those crazy junk fees. there s more work to do. tell the president to keep lowering costs for middle class families. today is the start of a new deal for patients, where big pharma doesn t just get a blank check at your expense and the expense of the american people.
in fact, if you go back, then president obama talked a lot about it on the campaign trail and as president. canada, mexico, their governments are both purchaser of these drugs, and so they negotiate much cheaper prices with the drug companies. we still don t do that, and i actually think it s something we should do. it will save us money. something you could do. it s something that, as he said, would save the government money and help patients, help americans. and if you are a progressive or a true libertarian, who doesn t think that the markets should sort of have a cartel, you might agree. a lot of mainstream republicans as i mentioned, did not. in 2003, the republicans restricted the federal government from even negotiating those cheaper prices for medicines with companies, to use the power the government might have to do so. the u.s. san outlier on this in
reporter: jardiance on the list for price cut negotiations along with januvia, feeias:00 and novo log. xarelto, blood thinner, enbrel, imbruvica, farxiga for diabetes and kidney dis. entresto for heart failure. today big pharma doesn t just get a big check. in 2003, the republican congress banned medicare from negotiating lower drug prices. the new law empowers medicare to do just that, negotiate. if drug companies don t participate, they face tax penalties. the pharma industry is suing to block the law, claiming it will mean less money for new drugs, and politics should not dictate which treatments and cures are worth developing and who should get access to them. but after capping insulin at $35, polls show broad support for more price caps. this is fundamentally about putting prescriptions
not be able to point to lower prices come the election next year. nevertheless, if it was not a huge deal for ordinary americans, a huge win for millions of older migrants, the pharmaceutical companies wouldn t be so mad about, it wouldn t be filed no fewer than seven lawsuits across the nation in alliance with the right-wing pro business u.s. chamber of commerce. to quote the president, big pharma doesn t want this to happen. they re suing us to block this from negotiating lower prices so they can pad their profits while hardworking americans foot the bill. we re going to we re going to see this. or stand up to be from. i hope he does. financially and economically, it s the right thing to do. we know prices, fight inflation. politically, is the right thing to do. seven out of ten republicans support doing this. above all else, morally it is the right thing to do. protect the health and finances