January, 11 2022, 06:34pm EDT

Sanders Statement on Medicare Limiting Coverage for Alzheimer's Drug
Sen. Bernie Sanders (I-Vt.) Tuesday issued the following statement after the Centers for Medicare and Medicaid Services (CMS) proposed a rule that would cover Aduhelm, the outrageously expensive Alzheimer's treatment, and similar drugs in development only for people enrolled in qualifying clinical trials:
WASHINGTON
Sen. Bernie Sanders (I-Vt.) Tuesday issued the following statement after the Centers for Medicare and Medicaid Services (CMS) proposed a rule that would cover Aduhelm, the outrageously expensive Alzheimer's treatment, and similar drugs in development only for people enrolled in qualifying clinical trials:
"Biogen's outrageous original price for Aduhelm, $56,000 per year, is the poster child for how dysfunctional our drug pricing system has become and it is the perfect example of why Medicare should be negotiating drug prices with the pharmaceutical industry. If the administration takes no action, Medicare recipients will continue to see their biggest premium increase in history, all because of Biogen's greed. That cannot be allowed to happen.
"Beyond the incredibly high price, Aduhelm has not been proven to be effective by the scientific community. It was rejected for coverage by the Veterans Health Administration and at least a half a dozen private health insurance companies in the United States, while 10 out of the 11 experts on the Food and Drug Administration's advisory council voted against approval of the treatment.
"Today's action by CMS is an important step forward, especially following Secretary Becerra's move yesterday to direct Medicare to reconsider a premium rate hike caused in part by the outrageous price of Aduhelm. I urge the administration to immediately lower Medicare premiums by at least $11.50 a month and to provide a refund to 57 million senior citizens for the premium increases that have already gone into effect this month. I would also urge the President to reinstate and expand the reasonable pricing clause that requires drug makers who have benefitted from taxpayer funded research to charge reasonable prices for drugs and treatments. Americans should not have to pay an outrageous price for a drug that their tax dollars helped develop."
In early December of 2021, Sen. Sanders sent a letter to President Biden urging his administration to delay an increase in Medicare premiums coming in 2022 following the U.S. Food and Drug Administration's (FDA) approval of Aduhelm. Sanders first spoke out about Biogen's outrageous greed when the original $56,000 price tag for the treatment was released in July of last year.
LATEST NEWS
Outspoken Pro-Palestinian Pastor Wins Primary to Replace Crockett in House
A group that tracks pro-Israel lobbying said his victory "proves that the AIPAC era is over."
Mar 04, 2026
A pro-Palestine pastor has won the Democratic primary to fill the House seat in Texas that will be left behind by the pro-Israel Rep. Jasmine Crockett, who was a congregant at his church for years.
Frederick Haynes III, who has led the Friendship-West Baptist Church in Dallas for more than 40 years and was chosen by the late Rev. Jesse Jackson to lead his famed Rainbow PUSH coalition, won the primary for the seat now held by the two-term congresswoman with 72% of the vote.
Crockett announced in December that she would run for the US Senate rather than for reelection to her House seat.
Haynes—who campaigned on Medicare for All, abolishing Immigration and Customs Enforcement (ICE), and hiking the minimum wage—was endorsed by Crockett (D-Texas), who lost the bitterly contested Senate primary to state Rep. James Talarico (D-50) on Tuesday.
But where Crockett has faced heat from the Democratic base over her statements and votes in support of Israel amid its genocide in Gaza and her backing by pro-Israel megadonors, Haynes's credibility was bolstered by his willingness to call out Israel's human rights abuses against Palestinians when few other Democrats would.
On October 8, 2023, as Israel was just beginning what would become a two-year campaign to destroy Gaza in retaliation for Hamas' killing of around 1,200 Israelis the previous day, Haynes delivered a sermon questioning what was then a bipartisan consensus of unwavering military and diplomatic support for Israel.
“I recognize that we’ve got to be pro-Israel... or we get in trouble,” he said, echoing the views of a small number of progressive members of Congress at the time. “Well, I’m coming to get in trouble.”
Quoting former President Jimmy Carter, he said, "Israel is engaging in apartheid with Palestinians."
The Palestinians... don’t have the weaponry of Israel, the Palestinians don’t have the financial backing from the United States that Israel has. And so they throw their rocks and shoot their arrows, and Israel is able to bomb them and kill them. Watch in the news the disparity between Palestinians being killed and Israelis being killed. It is totally unfair. But this country is going to stand on the side of apartheid because that’s its track record.
It was a speech that would prove prescient, as Israel’s military campaign would result in the deaths of around 73,000 Palestinians in the coming years, according to official tallies from the Gaza Health Ministry, nearly 70% of whom were women and children, according to the United Nations Human Rights Office. Independent estimates suggest the actual death toll is much higher.
In that time, neither Democratic former President Joe Biden nor current Republican President Donald Trump cut off weapons sales despite a tremendous collapse of public support for Israel.
Haynes' run for Congress began mere months ago. After testifying against Republicans' efforts to racially gerrymander Texas in July, he waited right up until the federal filing deadline in December to announce a bid for Crockett's seat.
His campaign did not focus heavily on the Israel-Palestine conflict—instead emphasizing issues closer to home like the high cost of living, voting rights, and Trump's use of ICE to attack immigrant and minority communities.
But the virality of his past comments and his campaigning for the Biden administration to cut off weapons to Israel back in 2024 bolstered his image as a fighter for Palestinian rights, which earned him the endorsement of Justice Democrats and $72,000 in support from the American Priorities PAC, a newly formed group intended to support progressive candidates and counter the influence of the American Israel Public Affairs Committee (AIPAC).
His victory on Tuesday comes as Palestinian rights have become vastly more salient among Democratic voters and the public at large. Less than a week ago, a Gallup poll showed that for the first time, a larger percentage of Americans sympathize with the Palestinians than the Israelis.
While support for Israel was also not at the forefront of the Senate primary, both Talarico and Crockett avoided joining the bulk of the party base in calling the US-backed Israeli assault on Gaza a "genocide." However, Talarico referred to the destruction of Gaza as a "moral and spiritual emergency" and condemned Israeli "war crimes."
Haynes's district is considered one of the safest in Texas for Democrats, and he is believed to be the overwhelming favorite to win the seat in November and head to Congress.
The group AIPAC Tracker, which monitors donations that politicians receive from the powerful group and the rest of the pro-Israel lobby, said that Haynes’ “big win” on Tuesday “proves that the AIPAC era is over.”
"Candidates like him all over the country," they said, "are speaking the truth rather than running away in fear."
Keep ReadingShow Less
'Absolutely Massive' Price Shocks Coming as Trump's Iran War Drives Up Gas, Diesel Prices
"What should really terrify Republicans is... the futures price on wholesale gasoline," said economist Paul Krugman.
Mar 04, 2026
President Donald Trump's unprovoked attack on Iran has sent oil prices surging, and it's already hurting Americans at the gas pump.
Petroleum industry analyst Patrick De Haan reported on Wednesday that the average US price for diesel has hit $4 per gallon, the highest it's been since April 2024.
De Haan also projected that the price of diesel would keep rising in the coming days before eventually reaching a price in the range of $4.25 to $4.45 per gallon.
The average price of gasoline is now approaching $3.20 per gallon, De Haan reported, and is projected to rise to at least $3.30 per gallon in the coming days. According to data from the US Energy Information Administration, average US gas prices haven't been that high since September 2024.
Nobel Prize-winning economist Paul Krugman on Wednesday flagged data showing that the price of Reformulated Blendstock for Oxygenate Blending (RBOB) gasoline futures contracts has been going through the roof since the start of the Iran war.
"What should really terrify Republicans is RBOB—the futures price on wholesale gasoline," Krugman commented. "This is up 75 cents a gallon since its low earlier this year."
According to a Wednesday report at Market Watch, researchers at the investment bank Goldman Sachs this week raised their price forecast for Brent crude oil for the second quarter of 2026 to $76 per barrel, an increase of $10.
What's more, Market Watch noted, Goldman is projecting that the price of Brent crude could hit $100 per barrel if the Strait of Hormuz remains closed for the next five weeks due to the war.
Goldman isn't the only investment bank projecting sky-high oil prices if the Strait of Hormuz stays closed for a prolonged period, as JPMorgan Chase earlier this week projected that the price of Brent crude could top $120 if the Iran conflict drags on, according to a Monday report from Market Watch.
Robert Brooks, senior fellow at the Brookings Institution's Global Economy and Development program, said in an interview with Seeking Alpha that global investors at the moment seem to be underestimating the economic risks of a prolonged conflict with Iran, citing "a weird tendency in markets to downplay unexpected shocks when they happen.”
However, Brooks told Seeking Alpha that what's happening with the global oil market right now "is absolutely massive" and should not be ignored.
Trump so far has not outlined any end game for the war he started, and Defense Secretary Pete Hegseth on Wednesday boasted that the Trump administration was "playing for keeps" by delivering "death and destruction from the sky all day" on Iran.
Keep ReadingShow Less
‘Not One Damn Penny’: Pentagon Expected to Ask Congress for Billions to Fund Iran War
"While they kick 17 million Americans off their healthcare, Republicans want to spend billions on Trump’s reckless war of choice," said the chair of the Congressional Progressive Caucus. "Hell no."
Mar 04, 2026
The Pentagon is reportedly planning to ask Congress to approve a supplemental funding package of around $50 billion to help finance the Trump administration's unauthorized war on Iran, which has already cost billions of dollars and many lives.
Progressives were quick to reject the idea of providing the bloated, fraud-ridden Pentagon with additional funds to sustain a war that lawmakers did not approve and that is broadly unpopular with the American public.
"While they kick 17 million Americans off their healthcare, Republicans want to spend billions on Trump’s reckless war of choice," said Rep. Greg Casar (D-Texas), chair of the Congressional Progressive Caucus. "Hell no."
Reuters reported Tuesday that "Deputy Defense Secretary Steve Feinberg has been leading Pentagon work in recent days on a supplemental budget request of around $50 billion that could be released as soon as Friday."
"The new money would pay for replacing the weapons used in recent conflicts including those in the Middle East," the outlet added. "The figure is preliminary and could change."
Sen. Lindsey Graham (R-SC), the most vocal cheerleader of the war in Congress, told reporters Tuesday that he believes "there will be a supplemental" funding request from the Pentagon.
"We'll have to approve that," said Graham.
"If this war continues at the same pace, Americans could see their government burn through tens of billions of dollars, funds that would amount to the cost of Medicaid for millions in the United States."
The push for a supplemental funding package is the latest indication that the assault on Iran—launched with no clear justification, objective, or timeline and in violation of domestic and international law—could drag on indefinitely, even as Trump administration officials deny that the president who ran on avoiding wars has embroiled the nation in another disastrous quagmire in the Middle East.
Dylan Williams, vice president for government affairs at the Center for International Policy, wrote Tuesday that Congress should approve "not one damn penny" for Trump's war on Iran.
The Center for American Progress (CAP) estimated Tuesday that the Iran war has likely already cost US taxpayers more than $5 billion.
"At more than $5 billion and counting, the costs of Operation Epic Fury—in only its first few days of operations—could cover Supplemental Nutrition Assistance Program (SNAP) benefits for more than 2 million Americans for a year," noted CAP's Allison McManus. "If this war continues at the same pace, Americans could see their government burn through tens of billions of dollars, funds that would amount to the cost of Medicaid for millions in the United States."
Keep ReadingShow Less
Most Popular


