Congressional Digest

Congressional Digest January 2021 No. 1 Vol. 100
Office of Management and Budget

Drug Pricing

Pros & Cons of the Lower Drug Costs Now Act

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Office of Management and Budget

Russell Vought, Director

The Office of Management and Budget (OMB) serves the U.S. president by helping to oversee and manage the implementation of administration policy across the executive branch. The OMB is responsible for the development and execution of the federal budget; oversight of federal agencies; coordination and review of regulatory policy; legislative clearance; and issuance of executive orders. As director, Russell Vought oversees the implementation of administration policy and management of the federal regulatory agenda. The following is the Dec. 10, 2019, statement of administration policy, opposing passage of the Elijah E. Cummings Lower Drug Costs Now Act (H.R. 3). …

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