Category: Budgeting
Hits: 623

The Budgeting for Opioid Addiction Treatment Act, or Life BOAT, will place a 1 cent fee on each milligram of opioid-based drugs. Manchin said it's been estimated that will create $1.5 to $2 billion a year.

The goal is to provide a source of money that can help generate more funding for addiction recovery facilities around the country. Manchin said lawmakers just passed bills that would allocate $1.1 billion to fight Zika and they've spent $500 billion on Ebola. He said the addiction epidemic is just as important. 

We've got a full-blown epidemic that's killed 200,000 Americans and we're not doing a thing, so I'm asking my friends who've said they can't vote for any new taxes, so I'm telling you one thing this is not a tax, it's a treatment, Manchin said.

If the bill passes, the money will be made available to treatment facilities through the Substance Abuse Treatment Block Grant program.