Durbin, Markey Press Administration To Track $50 Billion In Opioid Settlement Money From Drug Corporations
WASHINGTON – U.S. Senate Majority Whip Dick Durbin (D-IL) today joined U.S. Senator Edward J. Markey (D-MA) and Representative David Trone (D-MD-06) to urge the Biden Administration to more closely scrutinize and oversee over $50 billion in opioid settlement money. State and local governments will receive this money over the next 15 years as a result of settlement agreements with the opioid manufacturers, distributors, and pharmacies that fueled this epidemic. This settlement funding includes $26 billion from the 2021 settlement agreement involving Janssen, Johnson & Johnson, Cardinal Health, McKesson, and AmerisourceBergen. The lawmakers urged the Biden Administration to enhance transparency efforts to ensure that these funds are appropriately distributed to the communities directly harmed by the opioid epidemic. These purposes include initiatives such as expanding access to naloxone, increasing funding for substance use disorder treatment programs, and youth prevention
stLouIST