President Trump recently signed four executive orders aimed at reducing prescription drug prices.
Among the drugs he is eyeing to make more affordable are insulin and EpiPens, two products used by millions of seniors.
But, it turns out, Big Pharma just released commercials accusing Trump of raising drug prices.
So, the president fired back in his customary fashion:
Big Pharma is taking television ads trying to make the case that I am raising prescription drug prices on seniors. The ad is a lie! What I have done will lead to a 50% REDUCTION in prices, at least, & Big Pharma is not happy about it. No other President would….
…be able to produce what I have. So when you see those nasty ads from Big Pharma remember, the only reason they are going all out is the massive PRICE REDUCTIONS you are getting – not good for them. Plus, I was only President in 51 years that got a Prescription D reduction!
President Trump criticized a recent ad that accused him of raising prescription drug prices.
Calling the ad a lie, he said his new executive orders will reduce the price of drugs, in some cases by 50%.
The president targeted Big Pharma as the source behind the ads. He said no other president would have been able to do what he just did.
He says the ad was made by an industry that does not want drug prices reduced. Trump also said he was the first president in 51 years to get a prescription D reduction.
President Trump has made health care a major policy issue since entering office. He continues to work to undo the damage caused by Obamacare.
He passed legislation that allows veterans to take federal funds from the VA to private providers.
Frequently, he urges Congress to pass laws to reduce the cost of prescription drugs. As usual, it appears Congress refuses to cooperate with the administration.
In response, the president passed orders that should reduce the cost of many drugs for senior Americans and others.
It should come as no surprise that big industries (who often spend lots of money during election years) might try to undercut the president’s achievement.
Special interest groups and lobbyists in D.C. spend lots of money to sway the opinion of lawmakers. Perhaps they believe Joe Biden would be a more cooperative president than Donald Trump.
- President Trump signed executive orders to lower drug prices.
- An ad claimed Trump raised prices, sparking backlash from the president himself.
- Trump accused Big Pharma of trying to discredit his achievement because they are losing money.