Author Topic: Drug Prices Expected To ‘Drop Like A Rock’ After Trump’s Latest Move  (Read 147 times)

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Drug Prices Expected To ‘Drop Like A Rock’ After Trump’s Latest Move

Trending Politics News
By Mark Steffen
May 23, 2025

President Donald Trump celebrated a major milestone this month, making good on a campaign promise to act quickly to lower the cost of drugs for working Americans.

A new executive order directs U.S. Health and Human Services Secretary Robert F. Kennedy, Jr. to implement so-called “most-favored-nation” status at his agency. Under this strategy, drug prices would fall far lower using a standard put forth by the Organization for Economic Co-operation and Development, which includes most nations with strong economies.

“You can have, within a period of weeks, you can have drug costs that drop like a rock,” he said at a May 12 signing ceremony.

Before signing his order, Trump lamented the struggle of working-class Americans to afford necessary prescription drugs, ironically a talking point used against him by Democrats during this month’s budget debate in the U.S. House. His latest action may be seen as an attempt to allay fears about expected cuts to Medicaid, which he has insisted are focused solely on able-bodied recipients.

“We are going to now get a reduction in drug costs of up to 89 percent in some cases, but 50 percent would be a low, a bad number,” Trump said.

“It’s going to be massive numbers. It’s going to be incredible for Medicaid, incredible for all forms of health care. Medicare is going to be — it’s going to have a huge impact, so big that nobody can calculate it.”

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https://trendingpoliticsnews.com/report-drug-prices-expected-to-drop-like-a-rock-after-trumps-latest-move-mstef/
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If they kill their own with no conscience, there is nothing to stop them from killing you.
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