Please ensure Javascript is enabled for purposes of website accessibility
Trump Finally Releases Controversial Drug Price Executive Order
News
By News
Published 4 years ago on
September 14, 2020

Share

[aggregation-styles]

More than seven weeks after President Donald Trump signed four executive orders aimed at lowering drug prices, the White House finally released Sunday perhaps the most controversial one.

It calls for Medicare to test paying the same price for certain expensive prescription drugs that other developed countries do, a “most-favored-nation price.” Other nations typically pay far less for medications, in large part because their governments often determine the cost — which runs counter to Republicans’ allegiance to the free market system.
Though Trump has slammed socialist health care systems that exist in other countries and attacked his Democratic rivals for seeking to implement such a setup here, he celebrated linking US prices to peer nations’ lower costs.

“Just signed a new Executive Order to LOWER DRUG PRICES! My Most Favored Nation order will ensure that our Country gets the same low price Big Pharma gives to other countries,” he tweeted Sunday. “The days of global freeriding at America’s expense are over … and prices are coming down FAST! Also just ended all rebates to middlemen, further reducing prices.”

Read More →

RELATED TOPICS:

DON'T MISS

Money Isn’t Enough to Smooth the Path for Republican Candidates Hoping to Retake the Senate

DON'T MISS

A Subset of Alzheimer’s May Be Caused by Two Copies of a Single Gene: New Research

DON'T MISS

Sierra Records Snowiest Day of the Season With Potent Storm

DON'T MISS

The Ideas Letter Explores Diverse Perspectives on Global Issues

DON'T MISS

Armenia Offers Safe Home for Gaza Manuscripts, Denounces Civilian Targeting

DON'T MISS

Columbia University Cancels Main Commencement After Weeks of Pro-Palestinian Protests

DON'T MISS

Slumping Giants Fall Again to Red-Hot Phillies. Rookie Gets Start for SF Today.

DON'T MISS

Trump Fined $1,000 for Gag Order Violation in Hush Money Case as Judge Warns of Possible Jail Time

DON'T MISS

Merced County Deputy Ranks So Depleted That Sheriff Warnke Goes on Calls

DON'T MISS

Russia Warns Britain and Plans Nuclear Drills Over the West’s Possible Deepening Role in Ukraine

UP NEXT

Rise of the Anti-“Woke” Democrat

UP NEXT

High-Level Saudi Visit Follows Multimillion-Dollar Foreign Influence Operation

UP NEXT

Iran and Russia Move to Fill Diplomatic Vacuum in Afghanistan

UP NEXT

Pelosi’s Husband Locked In $5.3 Million From Alphabet Options

UP NEXT

Experts Reportedly See Major Damage in Attack on Iran Centrifuge Plant

UP NEXT

Opinion: School Choice Marches Ahead

UP NEXT

Zakaria: Americans Care About History Because the Stakes Are High

UP NEXT

California Democrats Are Reliably Pro-Labor. But One Union Is Testing Their Patience.

UP NEXT

The Tightrope Walk Democrats Have Ahead on Two Separate Infrastructure Bills

UP NEXT

Bill Barr on Trump’s Election Fraud Claims: “It Was All Bullsh*t”

The Ideas Letter Explores Diverse Perspectives on Global Issues

26 mins ago

Armenia Offers Safe Home for Gaza Manuscripts, Denounces Civilian Targeting

29 mins ago

Columbia University Cancels Main Commencement After Weeks of Pro-Palestinian Protests

36 mins ago

Slumping Giants Fall Again to Red-Hot Phillies. Rookie Gets Start for SF Today.

41 mins ago

Trump Fined $1,000 for Gag Order Violation in Hush Money Case as Judge Warns of Possible Jail Time

43 mins ago

Merced County Deputy Ranks So Depleted That Sheriff Warnke Goes on Calls

50 mins ago

Russia Warns Britain and Plans Nuclear Drills Over the West’s Possible Deepening Role in Ukraine

51 mins ago

Ohtani Blasts Two More HRs as Dodgers Sweep Braves

1 hour ago

Israel Orders Al Jazeera to Close Its Local Operation, Seizes Some Equipment

24 hours ago

Pro-Palestinian Protesters at USC Comply With Order to Leave

1 day ago

Money Isn’t Enough to Smooth the Path for Republican Candidates Hoping to Retake the Senate

WASHINGTON — Frustrated by the seemingly endless cash flowing to Democrats, Republicans aiming to retake the Senate have rallied around cand...

45 seconds ago

46 seconds ago

Money Isn’t Enough to Smooth the Path for Republican Candidates Hoping to Retake the Senate

Photo of a brain section with Alzheimer's disease
1 min ago

A Subset of Alzheimer’s May Be Caused by Two Copies of a Single Gene: New Research

7 mins ago

Sierra Records Snowiest Day of the Season With Potent Storm

26 mins ago

The Ideas Letter Explores Diverse Perspectives on Global Issues

29 mins ago

Armenia Offers Safe Home for Gaza Manuscripts, Denounces Civilian Targeting

36 mins ago

Columbia University Cancels Main Commencement After Weeks of Pro-Palestinian Protests

41 mins ago

Slumping Giants Fall Again to Red-Hot Phillies. Rookie Gets Start for SF Today.

43 mins ago

Trump Fined $1,000 for Gag Order Violation in Hush Money Case as Judge Warns of Possible Jail Time

MENU

CONNECT WITH US

Search

Send this to a friend