Paul Introduces Bill to Reduce Prescription Drug Costs
for Seniors
Washington, D.C. - Congressman Ron Paul has introduced the "Pharmaceutical
Freedom Act of 2000" (HR 3636). The legislation will give seniors a tax credit
for the cost of purchasing prescription drugs. It will also make it easier to
import pharmaceuticals and protect from federal regulation those Internet
pharmacies that are in compliance with all relevant state laws.
Paul said, "This legislation ensures that millions of Americans, including
seniors, have access to affordable pharmaceutical products. My bill makes
pharmaceuticals more affordable to seniors by reducing their taxes. It also
removes needless government barriers to importing pharmaceuticals and it
protects Internet pharmacies, which are making affordable prescription drugs
available to millions of Americans, from being strangled by federal
regulation."
"The Internet makes pharmaceuticals and other products more affordable and
accessible for millions of Americans," said Paul. "However, the federal
government has threatened to destroy this option by imposing unnecessary and
unconstitutional regulations on web sites which sell pharmaceuticals. Any
federal regulations would inevitably drive up prices of pharmaceuticals, thus
depriving many consumers of access to affordable prescription medications."
"I am proud to introduce the 'Pharmaceutical Freedom Act of 2000'. It will
make pharmaceuticals more affordable by lowering taxes on senior citizens,
removing barriers to the importation of pharmaceuticals and protecting
legitimate Internet pharmacies from needless regulation."