Bernie Sanders vows to cut prescription drug prices by half if he's elected

CBS News

31 March 2019 - Independent Sen. Bernie Sanders of Vermont, one the leading contenders for the Democratic presidential nomination, pledged to lower prescription drug prices by half if he captures the nomination and ultimately, the White House.

"If I am elected president, I'm going to cut prescription drug costs in this country by 50% so that we are not paying any more than other major countries are paying. Maybe we can do better than that," Sanders said on "Face the Nation" Sunday.

Pressed for more details, the self-described Democratic socialist and 2020 presidential candidate did not outline a concrete plan to achieve his latest campaign pledge. Instead, Sanders suggested the U.S. could look to the prescription drug prices in other developed social democracies like Canada, Japan and Germany, and replicate them. He also said the government could "take a look" at the patents of pharmaceutical giants.

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Michael Wonder

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Michael Wonder