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world for prescription drugs. so that is the reality of this bill. what do we do? well, if we are serious about responding to what the american people want and the polling that i have seen, it s like 70% to 80% of the people understand that prescription drugs are much too high. they want us to act. this bill, unfortunately, does not do that. if we are serious about reducing the price of prescription drugs, we know exactly how we can do it. for over 30 years, the veterans administration has been negotiating with the pharmaceutical industry to lower the cost of prescription drugs. moreover, for decades virtually every other country on earth has been doing the same thing. the result of where we are today is that medicare pays twice as much for the exact same prescription drugs as the v.a. and people all over this country. in some cases, as i mentioned earlier, we may pay up to ten times as much for a particular drug. in other words, when it comes to reducing the price of prescri
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