RHINELANDER, Wis. (WXPR) — The country could save more than $100 billion dollars by negotiating with drug companies concerning prescription drug costs through Medicare. That assessment from Democratic U.S. Senate candidate Russ Feingold.
Recently in Rhinelander, Feingold said huge savings are possible if Congress would act. The Democratic candidate and former Senator said, “Over 10 years it would save the federal government $123 billion dollars. It’s a spending cut that is obvious. I would say of all the things I hear in terms of anxiety around the state, the cost of higher education and the cost of prescription drugs upsets people in all 72 counties.” Medicare is forbidden in the 2003 law that created Medicare Part D to negotiate lower prices. Feingold is seeking his former U.S.Senate seat that he lost to incumbent Ron Johnson in 2010.
by Ken Krall, WXPR
