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Matt Cartwright: “Drug prices are coming down, people, and it's going to help…”

Featuring: Matt Cartwright, Democratic | Former U.S. House, Pennsylvania, District 8

Legislative Forum with Congressman Matt Cartwright

Published October 13, 2022 | Video Starts at 57:04

Well, the inflation Reduction act gets rid of that and all of a sudden Medicare can do what the VA system already does, negotiate drug prices with big pharmaceutical companies. Drug prices are coming down, people, and it's going to help the seniors who are on Social Security and Medicare. You know, they just got their announcement about the 9% increase in Social Security cost of living increase this year. (57:04–57:11)

CLAIM

Asserts that drug prices will decrease, benefiting seniors on Social Security and Medicare.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Matt Cartwright

“It took me five terms to get onto the circle of cardinals, the top of the House Appropriations Committee.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 02:55-03:03
“When you get to be one of the 12 chairs of appropriations, it puts in your hands the power to direct a lot of funding.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 03:26-03:35
“In January of 2021, I became one of the 12 chairs of appropriations.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 04:15-04:22
“The Commerce, Justice and Science subcommittee...controls an enormous chunk of the federal budget every year.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 05:41-06:20
“The Commerce, Justice and Science subcommittee...controls $82 billion in federal spending every year.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 05:41-07:00
“The U.S. department of labor has its homeless veterans reintegration project in Luzerne, Lackawanna and Monroe Counties.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 05:59-32:17
“I am a co-sponsor of a bill to reevaluate [the U.S. relationship with Saudi Arabia] and to pull troops out of Saudi Arabia.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 06:19-48:38
“Community project funding can only go to municipalities, states, counties, or nonprofit corporations.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 09:21-09:32
“You have to publish what [community project funding is] for and we have to put it on a website.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 09:33-09:38
“In 2021, [community project funding] came out fine. And in 2022, the same thing, a lot of worthy projects.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 09:53-10:01
“In the 118th Congress, starting in January, I expect the community project funding program to continue.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 10:24-10:34
“Northeastern Pennsylvania will benefit every bit as much as it has been the last two years [from community project funding].”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 10:24-10:40
“We need to fill the void that was caused by the manufacturing companies that packed up and left [northeastern Pennsylvania].”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 11:21-11:28
“They left because of NAFTA.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 11:30-11:33
“Thompson Consumer Electronics moved the Scranton plant to Matamoras, Mexico.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 13:15-13:23
“In Matamoros, Mexico, they were open about six months and they found out that institutional knowledge was really important.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 13:44-13:56
“We have a void here that was created by [NAFTA].”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 14:20-14:24
“This government doesn't create jobs. Private industry does.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 16:52-16:58
“The biggest thing was always lack of available talent, lack of workforce development.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 17:34-17:41
“Colonel Mark Volk...was very successful at [Lackawanna College] for the fracking industry.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 19:32-19:41
“Passing the Infrastructure Investment and Jobs Act was crucial to me.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 21:54-22:01
“The last time we had a major infrastructure bill in this country was before I was born in the Eisenhower administration.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 22:12-22:20
“I pushed really hard among top Democratic leadership to get them to decouple [the Infrastructure Investment and Jobs Act and the Build Back…”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 22:44-22:52
“High speed Internet in rural places [is part of the Infrastructure Investment and Jobs Act].”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 23:12-23:15
“We helped a company, PennDOT, had this operation where they were resurfacing a big part of Interstate 81, and they closed about three exits…”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 24:53-25:12
“We fixed it so that none of those exits was closed longer than 30 days.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 25:42-25:49
“We helped more people secure PPP loans.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 26:48-26:52
“We just got one of my community project funding requests that went through last year went to the Wilkes Barre chamber of Commerce so that…”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 28:23-28:39
“I got money for Lackawanna College in last year's list of community projects funding.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 29:28-29:35
“On this year's list of community project funding that I got is to fund a recovery to work development center in Wayne County.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 29:50-30:04
“This year we got money for Marywood University to train up nurses.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 30:27-30:33
“We're helping Geisinger do the same thing with training nurses.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 31:04-31:10
“There's a workforce development project for the Wyoming Valley Chamber of Commerce that we got money through the CARES act to upskill…”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 32:26-32:38
“The infrastructure bill... it's going to create so many jobs, particularly for the building trades workers.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 33:22-38:54
“I have voted in favor of all of the opportunities to expand child care in northeastern Pennsylvania, including child tax credits.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 34:09-34:19
“I got him to add $2 billion more for a new rail start.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 34:50-34:55
“Amtrak itself estimates that if we get a rail line going through here, that will add $87 million per year every year in additional economic…”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 35:13-35:26
“Great Britain has it worse than we do [regarding inflation].”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 37:23-37:26
“The Eisenhower administration put through that great investment in infrastructure.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 38:23-38:31
“The top four oil and gas companies in America, they made $27 billion in profits in the first three months of this year.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 40:08-40:19
“For two of them, it was the biggest profits in 10 years. For the other two, it was the biggest profits ever.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 40:22-40:30
“The Consumer Fuel Price Gouging Prevention act... strengthened the power of the Federal Trade Commission to look into abusive practices of…”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 40:43-40:55
“The going rate for a container was about $2,500... During the height of the inflation, that went up to $25,000.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 41:04-41:20
“I was happy to vote for the Ocean Shipping Reform act of 2022, which again, strengthens the power of the Federal Maritime Commission to look…”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 41:48-42:02
“We have to build up American might in creating semiconductors chips.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 42:43-42:51
“I was very happy to vote in favor of the CHIPS act.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 42:58-43:02
“Energy inflation was at its peak 32%.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 44:54-45:03
“I have been supporting a plant called the Nacero plant.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 45:20-45:25
“This is a $6 billion plant going into Luzerne County.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 45:34-45:39
“We have vast reserves of Marcellus Shale right here in Pennsylvania.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 45:55-46:00
“I announced my 150th bipartisan bill that I introduced in Congress.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 51:28-51:35
“I passed the Camp Lejeune justice act earlier this summer [...] with 55 Republican co sponsors.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 52:30-52:39
“In half that time, I have passed 10 bills into law, signed by President Obama, signed by President Trump, signed by President Biden.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 54:04-54:16
“The inflation Reduction act [...] allows Medicare to negotiate drug prices with big pharmaceutical companies.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 55:11-55:37
“Medicare was not allowed to negotiate with big pharmaceutical companies drug prices [since Medicare Part D began].”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 55:49-56:00
“The Inflation Reduction Act gets rid of [the prohibition on Medicare negotiating drug prices].”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 56:53-56:56
“Medicare can do what the VA system already does, negotiate drug prices with big pharmaceutical companies.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 56:56-57:05
“Starting in January, there's a formulary that Medicare is allowed to negotiate drug prices with big pharmaceutical companies.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 57:38-57:52
“We're able to cap seniors out of pocket expenses at $2,000 a year on medications.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 57:55-58:04
“Insulin prices capped at $35 a month.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 58:13-58:17
“The Inflation Reduction Act was something that I was very proud to vote for.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 58:32-58:37
“There were never any Afghanistan refugees at Job Corps.”
Legislative Forum with Congressman Matt Cartwright | Uploaded October 13, 2022 | 1:02:28-1:02:34