Bernie Sanders backs effort to cut drug costs, urges stronger action
Share this @internewscast.com


() Sen. Bernie Sanders, I-Vt., has endorsed President Donald Trump’s executive order directing drugmakers to lower prescription drug costs in the United States but has called for stronger action.

Under the order issued Monday, drugmakers have 30 days to reduce prices or face new restrictions on how much the government will pay for medications.

Sanders, a long-time advocate for lower drug prices, welcomed the move but called on Trump to support legislation he plans to introduce that would keep U.S. drug prices in line with those of other major countries.

In a statement, Sanders agreed that Americans pay more for prescription drugs than people in Europe and Canada. However, he said the problem isn’t low prices in other countries but that the pharmaceutical industry is “ripping off the American people” and making billions in profit off of those in need.

Sanders also expressed skepticism about the effectiveness of Trump’s order, suggesting the president likely knows it would not hold up in court. He challenged Trump to support reform through congressional action.

“If Republicans and Democrats come together on this legislation, we can get it passed in a few weeks,” Sanders said.

Critics: Trump attempting ‘price controls’

Pharmaceutical companies and pharmacy benefit managers are already pushing back on Trump’s order. Critics argue the plan amounts to government price controls and could hinder medical innovation.

The Pharmaceutical Research and Manufacturers of America called the executive order “a bad deal for American patients and workers.” It warned the plan would make the U.S. “more reliant on China for innovative medicines.”

Biotech industry advocates also warned that shifting to Trump’s “most favored nation” pricing could prove to be devastating for medical innovation firms.

Legal challenges to Trump’s executive order likely 

Health Secretary Robert F. Kennedy Jr. is currently leading negotiations to bring U.S. prices more in line with countries like Canada, Germany and the U.K.

While the White House estimates the plan could cut drug costs by 30 to 80%, any meaningful savings will likely take time.

Legal challenges to the order are expected. Portions of the plan may require congressional approval, and drugmakers could sue.

A similar effort during Trump’s first term was struck down.

Under former President Joe Biden, Medicare began negotiating drug prices last year, but the changes won’t take effect until next year.

Share this @internewscast.com
You May Also Like

Pay Increases Decline for Lowest-Earning Workers

(The Hill) – Wage increases are decelerating for all employees after their…

Trump Strengthens National Guard Forces in DC with New Strategy

(The Hill) The number of National Guard troops patrolling Washington, D.C., will…

House Oversight Committee Announces Upcoming Release of Epstein Documents

() The House Oversight Committee plans to release the Jeffrey Epstein files…

Numerous Meetings Held on Russia’s Ukraine Conflict, Yet Peace Faces Significant Hurdles

The recent Oval Office meeting, marking the second such gathering in six…

White House Rose Garden Unveiled Following Mar-a-Lago Renovation

() The Rose Garden at the White House is all primed and…

Bystander Stops Attempted Baby Kidnapping at Trax Station

SALT LAKE COUNTY, Utah (ABC4) Surveillance footage from the Utah Transit Authority…

“Bulloch Chairman Addresses Public Concerns During GBI Investigation”

A Georgia Bureau of Investigation (GBI) investigation concerning the Bulloch County Board…

Republicans Under Scrutiny in California’s Redistricting Proposal

Democrats have proposed a new congressional map for California that could offset Republican efforts…

Uncommon ‘Black Moon’ Appearing This Week: Everything You Need to Know About This Rare Event

(NEXSTAR) – Just a few weeks after twin meteor showers passed overhead,…

Chief Deputy Reports Discovery of Fentanyl and Meth During Traffic Stop in Unicoi County

UNICOI COUNTY, Tenn. (WJHL) — Deputies in Unicoi County reportedly seized methamphetamine…

Emails Reveal EPA’s Attempt to Undermine Independent Scientist

() Internal emails from the Environmental Protection Agency show the EPA was…

Unexplained Discovery: Unmanned Fishing Boat Found Adrift Near California Coast

(KRON) — The whereabouts of a man who seemingly disappeared from a…