Skip to main content

Trump draws ire after retreat on drug prices pledge | TheHill

posted onNovember 25, 2019
>

Article snippet: MORE (D-Calif.). During his campaign, Trump famously broke with Republican orthodoxy with his support for having the government negotiate lower drug prices. “When it comes time to negotiate the cost of drugs, we are going to negotiate like crazy,” Trump said in New Hampshire in early 2016. Pelosi’s staff spent months over the course of this year trying to get White House support for her measure to allow the government to negotiate prices for up to 250 drugs per year, with tough financial penalties for companies that refused to come to the table. But after months of holding his fire, Trump is now publicly bashing Pelosi’s bill. And while Trump still talks about the need to lower drug prices in general, he has not proposed an alternative drug price negotiation plan of his own.  “Pelosi and her Do Nothing Democrats drug pricing bill doesn’t do the trick. FEWER cures! FEWER treatments!” Trump tweeted on Friday, echoing the traditional Republican argument that negotiation would hinder development of new drugs. “Time for the Democrats to get serious about bipartisan solutions to lowering prescription drug prices for families.” Trump’s tweets came after he met with Rep. MORE (R-Ore.), a leading opponent of Pelosi’s bill, on Thursday.  But Democrats say Trump is breaking his promise. “President Trump campaigned on that promise to negotiate Medicare prices, and the House is going to pass a bill that does that, and he will not support it,” said Topher Spiro, vice president... Link to the full article to read more

Emotional score for this article