city clerk: [reducing pharmaceutical prices]1400123.sponsors: chiu; wiener and camposresolution supporting city, state, and federal efforts to reduce pharmaceutical prices and increase transparency of the pharmaceutical rate-setting process. 1/7/14; received and assigned to the government audit city clerk: sf 31234 >>supervisor london breed: supervisor chiu this is your item. which >>president david chiu: thank you. the proposition placed this on the battle -- ballot, this is a measure overwhelmingly passed by voters and i have a cosponsor as supervisor wiener for the implementation and reduce the heavy burden that our residents and country faces from pharmaceutical drug prices. the united states spends more on pharmaceutical drugs than all of our country. even though the law addresses major problems with this. the issue of high cost is left untouched. to keep up with our cost, the department of public health has reduced by 25 percent over the last 5 years. we are paying $23 million of taxpayer money while drug manufactures have made billions of dollars in profits. these are tax dollars going t