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Trump to pitch sweeping Medicare drug price plan [again]
[Politico] Within the West Wing, Trump has grown increasingly focused in recent weeks on lowering drug prices, urging aides to find policies capable of making a big dent in the cost of medicines, according to two of the people familiar with the matter.Trump’s poll numbers have suffered in recent weeks since his tariff policies have begun to rattle markets and raise fears of widespread inflation and shortages of consumer goods. White House officials initially pressed congressional Republicans to draft in their megabill a “most favored nation” provision tying the cost of medicines in Medicaid to the lower prices developed countries pay abroad. But that bid ran into opposition across the GOP conference and is unlikely to be included in the legislation, said one of the people familiar with the matter. The White House is instead now expected to try to advance the drug price proposal on its own, using existing authorities to impose its “most favored nation” model. The effort, if finalized, would likely draw massive opposition from a drug industry that has warned the idea would decimate companies’ ability to develop new drugs. It could also trigger fresh legal challenges. Trump’s order this go-around will look largely similar to his first, with even less specifics on which direct medicines are targeted, said one of the people familiar. Posted by: Skidmark 2025-05-10 |
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