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Senate Special Aging Committee Hearing on Medicare

Washington, DC
Thursday, July 21, 2011

The Senate Special Committee on Aging held a hearing on Medicare Prescription Drug Costs.  Americans spend more than $250 billion a year on prescription drugs, with prices by most estimates continuing to rise much faster than inflation.  Some Congressional Democrats have proposed giving the Health and Human Services Secretary more power to bargain with drug companies for lower prices as part of an overall debt reduction package.

Updated: Thursday, July 21, 2011 at 5:58pm (ET)

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