2014 consensus rises for the eighth time in the last nine weeks
A similar proposed bill introduced in the Senate has been mired in Committee sinc Jan. 25 and likely will never emerge.
Any proposed legislation regarding "negotiated" Medicare prices will be filibustered in the Senate and will go down to defeat in the GOP-dominated House.
This is simply political grandstanding and has absolutely no chance of getting through.
I don't even think Obama really would want to see it get through Congress as it would mean that his word meant nothing and that deals with him simply can't be trusted. And seniors would be all up in arms - especially the ones facing the doughnut hole that the pharmas are plugging 50% of starting this year.