Author Topic: Dems Who Clapped Like Seals For Biden’s Big Pharma Actions Do 180 On Trump Drug Pricing Order  (Read 100 times)

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Offline mystery-ak

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Dems Who Clapped Like Seals For Biden’s Big Pharma Actions Do 180 On Trump Drug Pricing Order
Robert McGreevy
Reporter
May 14, 2025 6:19 PM ET

Congressional Democrats who praised former President Joe Biden’s executive actions against America’s pharmaceutical industry are holding their praise for President Trump’s latest executive order.

Trump signed a landmark executive order Monday aimed at lowering prescription drug prices, by his estimate, anywhere between 59 and 90 percent.

    Trump: Drug prices will come down by much more really if you think..: Between 59 and 80. I guess even 90%. We’re getting them down 60, 70, 80, 90%. But actually more than that if you think about it in a way mathematically pic.twitter.com/SRDCpkRslM

    — Acyn (@Acyn) May 12, 2025


Americans pay more for prescription drugs than any other developed nation, making lowering drug pricing one of the most popular and bipartisan public policy actions in the country.

However, Democrats who previously lauded Biden’s executive orders on pharmaceutical pricing suddenly appear to have a problem with Trump’s executive action. (RELATED: Big Pharma Tax Loophole Costs Americans Over $1 Billion Per Year, According To Recent Study)

“This is nothing more than a flashy press release from Donald Trump,” Democratic Massachusetts Sen. Elizabeth Warren wrote in a Tuesday post on X.

“Trump should put his weight behind a bill so we can actually lower drug prices,” she continued.

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https://dailycaller.com/2025/05/14/democrats-biden-big-pharma-trump-drug-pricing-bernie-sanders-ron-wyden-elizabeth-warren/
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Offline DefiantMassRINO

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Make a deal with Big Pharma for lower drug prices ...

1.) Extend life of patents for companies that license the manufacture and distribution of new(er) medications across multiple generic drug makers, requiring some of those manufacture facilities be in the United States for supply chain security.

2.) Set up drug patent trusts to which drug companies can sell their patents for those that want more immediate monetization of the value of patents for new(er) drugs.  In turn, that drug patent trust licenses the drugs to generic drug manufacturers and collects roylaties.  Something modeled on oil/gas royalty trusts.

Use capitalism to encourage risking taking by drug companies, and use capitalism to lower drug prices via competition.
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