Donald Trump is known for showmanship, and at first, the president teased that big news would be forthcoming on Sunday:
He then followed it up Sunday evening at 6:22 p.m. ET with a bombshell announcement that he would be making a move to dramatically lower the price of prescription drugs:
He said his executive order could lower the prices of prescription drugs by as much as 30-80 percent. It’s a long post, but here you go:
For many years the World has wondered why Prescription Drugs and Pharmaceuticals in the United States States of America were SO MUCH HIGHER IN PRICE THAN THEY WERE IN ANY OTHER NATION, SOMETIMES BEING FIVE TO TEN TIMES MORE EXPENSIVE THAN THE SAME DRUG, MANUFACTURED IN THE EXACT SAME LABORATORY OR PLANT, BY THE SAME COMPANY??? It was always difficult to explain and very embarrassing because, in fact, there was no correct or rightful answer. The Pharmaceutical/Drug Companies would say, for years, that it was Research and Development Costs, and that all of these costs were, and would be, for no reason whatsoever, borne by the “suckers” of America, ALONE. Campaign Contributions can do wonders, but not with me, and not with the Republican Party. We are going to do the right thing, something that the Democrats have fought for many years. Therefore, I am pleased to announce that Tomorrow morning, in the White House, at 9:00 A.M., I will be signing one of the most consequential Executive Orders in our Country’s history. Prescription Drug and Pharmaceutical prices will be REDUCED, almost immediately, by 30% to 80%. They will rise throughout the World in order to equalize and, for the first time in many years, bring FAIRNESS TO AMERICA! I will be instituting a MOST FAVORED NATION’S POLICY whereby the United States will pay the same price as the Nation that pays the lowest price anywhere in the World. Our Country will finally be treated fairly, and our citizens Healthcare Costs will be reduced by numbers never even thought of before. Additionally, on top of everything else, the United States will save TRILLIONS OF DOLLARS. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN!
He said that on Monday at 9 a.m. ET, he would sign one of the “one of the most consequential Executive Orders in our Country’s history,” and that he would institute a “most favored nation's [sic]” policy that would immediately and substantially lower drug costs for Americans.
Trump Stands Firm Against Big Pharma, Preserves Lifeline for Rural Hospitals
If he were indeed able to accomplish such a drastic price reduction—and as he said, save trillions of dollars—it would most definitely be defined as “consequential.” Doubtless, we’ll get more information at 9 a.m. Monday, and RedState will keep you updated.
Team Trump has been thinking outside the box, and it’s refreshing after four years of Biden malaise.
Help us keep bringing you the successes of the new administration that the mainstream media ignores. Consider becoming part of the RedState team and joining our VIP membership today. Use promo code FIGHT to get a whopping 60% off.
Join the conversation as a VIP Member