WASHINGTON, D.C. — Today, Rep. Scott Peters (CA-52) released the following statement:

“I am very excited about working with President Biden and my colleagues to invest in America’s future through the Build Back Better Act. Unfortunately, I am unable to support one of the 16 titles in front of the Energy and Commerce Committee. I have proposed an alternative drug pricing reform model that will keep Democrats’ promise to lower out-of-pocket costs for medicines, in part by empowering the Secretary of Health and Human Services to negotiate prices. I look forward to working constructively with my colleagues to achieve reforms that help patients, support future innovation and grow American jobs.”