Sen. Cassidy, After Losing GOP Primary, Urges Trump to Tackle Medical Debt
The Louisiana Republican cited medical bills as the cause of 60 percent of personal bankruptcies and called for White House engagement on the issue.
BenzingaSen. Bill Cassidy delivered a Senate floor speech on Wednesday calling on President Trump to address medical debt. He stated that 60 percent of personal bankruptcies stem from medical bills and noted that high credit-card interest rates near 22 percent are adding pressure on households.
Cassidy, a physician, invited the president to meet at the White House. “We can only get something done if the executive branch engages,” he said. Addressing the president directly, he added, “Mr. ” The senator acknowledged policy differences with Trump but said he would work with anyone focused on helping Americans manage debt.
Cassidy lost the Republican Senate primary in Louisiana three weeks earlier. Congresswoman Julia Letlow and state treasurer John Fleming advanced to a runoff after no candidate secured a majority. Cassidy voted to convict Trump after the January 6 Capitol attack.
In April, Cassidy introduced the Money and Value for Patients plan, which seeks to expand the TrumpRx drug-pricing platform and redirect healthcare funds to patients rather than insurers. Earlier in May, the Trump administration proposed a rule to expand access to fertility treatments through employer plans.
Trump also announced an expansion of TrumpRx that added more than 600 generic medications and 43 branded drugs.
Billionaire investor Mark Cuban, who runs Cost Plus Drugs, joined Trump at an event supporting the expanded platform. Cuban said Americans broadly back lower prescription-drug costs. S.
3 percent in 2025, leaving about 28 million people without coverage.
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