Pelosi Says Rising Drug Prices Are ‘Almost Becoming an Immorality’

Pelosi is scheduled to meet with Obama Tuesday to outline an agenda for the year. (REUTERS/Gary Cameron)

House Minority Leader Nancy Pelosi (D-Calif.) today criticized the rising cost of prescription drugs, saying the issue is “coming to be a crisis.”

“The pricing is almost becoming an immorality,” Pelosi told reporters at a Capitol Hill news conference. “We cannot stand for what is happening right now. We don’t paint all of our companies with the same brush, but we have to investigate the practice that some are engaged in.”

“It must be understood, it must be investigated,” she said.

On Wednesday, Sens. Susan Collins (R-Maine) and Claire McCaskill (D-Mo.) announced a Senate investigation into drug prices, adding that they plan to hold hearings.

Morning Consult