Trump Plan for Drug Prices Won’t Include Direct Negotiations
President Trump is scheduled to give his first speech on how his administration will seek to lower drug prices.
This article was republished here with permission from The Associated Press, however it is no longer available to read on Snopes.com.
WASHINGTON (AP) — President Donald Trump is set to unveil his long-awaited plan for reducing drug prices after more than a year of bold promises to tackle pharmacy costs that are squeezing millions of Americans. But the strategy to be outlined in a speech Friday will not include a key Trump campaign pledge to use the massive buying power of the federal government’s Medicare program to directly negotiate lower drug prices for seniors. Instead, administration…