From The Vigilant Fox:
ShareIt was a moment you’ll remember for decades. Standing before reporters and his healthcare team, President Trump announced the most aggressive move on drug pricing America has ever seen. The plan? To cut prescription drug costs by up to 90%—a direct strike against the industry that’s drained American families dry for years.
“Starting today, the United States will no longer subsidize the health care of foreign countries, which is what we were doing,” Trump said. “We were subsidizing others’ health care, countries where they paid a small fraction of what for the same drug that what we pay many, many times more for.”
This wasn’t just about reining in corporate greed. Trump laid it out clearly: this was a global scam, and America was the one footing the bill.
“And [we] will no longer tolerate profiteering and price gouging from Big Pharma,” he added. “But again, it was really the countries that forced Big Pharma to do things that frankly, I’m not sure they really felt comfortable doing, but they’ve gotten away with it, these countries, European Union has been brutal, brutal.”
Trump promised that would change. “So for the first time in many years, we’ll slash the cost of prescription drugs and we will bring fairness to America.”
How much cheaper? “If you think of a drug that is sometimes ten times more expensive, it’s much more than the 59%… but between 59 and 80, and I guess even 90%.”
For struggling families, this wasn’t just reform. It was real relief. (Read more.)
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