Sens. Bernie Sanders (I-VT) and Bill Cassidy (R-LA) announced Tuesday they made a deal on a bill to lower drug prices and increase transparency in the pharmaceutical industry.
The two senators, who serve as the chairman and ranking member on the Senate Committee on Health, Education, Labor, and Pensions, said the pieces of legislation will "expand the availability of low-cost generic drugs."
“We are happy to announce that we’ve come to an agreement to consider critical pieces of legislation to reform pharmacy benefit managers and expand the availability of low-cost generic drugs through the HELP Committee. We will hold an official markup of the legislation on May 2nd,” the senators said in a joint statement.