Democrat Rep. Ro Khanna (D-CA) — yes, a Democrat — has just introduced legislation to codify President Donald Trump’s executive order slashing prescription drug prices.
President Donald Trump signed an executive order on Monday aimed at dramatically reducing prescription drug prices in the United States by aligning them with the lower prices paid in other developed nations.
On Sunday, President Donald Trump announced via Truth Social his intention to sign an executive order aimed at reducing prescription drug prices in the United States by 30% to 80%.
He described this initiative as “one of the most consequential Executive Orders in our Country’s history.”
President Trump: 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.