🇺🇸💊✍️ Trump To Sign Order Linking U.S. Drug Costs To Cheaper Global Prices
🔹 Summary:
President Donald Trump is preparing to sign an executive order as early as next week that would lower U.S. drug costs by pegging certain government-paid medicine prices to lower rates abroad, Politico reports.
The move revives a stalled effort to rein in pharmaceutical spending and reduce prescription costs for American patients.
🔹 Key Points:
• The executive order will link some U.S. drug prices to international benchmarks.
• The initiative aims to narrow the price gap between U.S. and global pharmaceutical costs.
• The plan targets government-paid medicines, potentially impacting Medicare and Medicaid spending.
• Previous attempts to push similar pricing reforms faced industry and political resistance.
• The order marks a renewed push to address a top voter concern ahead of the election cycle.
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