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

Bulloch Secures Contracts with Three Drillers for Hyundai Well Completion

BULLOCH COUNTY, Ga. () — Officials in Bulloch County have arranged for…

Colorado Parents Concerned Over Potential Dismissal of Man’s Kidnapping Charges

AURORA, Colo. (KDVR) Concerned parents are speaking out after learning the District…

Congress Approves Bill to Reclaim $9 Billion in Foreign Aid and Public Media Funds, Awaits President Trump’s Signature

House Republicans late Thursday night approved the first batch of cuts made…

Trump’s Tariffs Drive Asian Demand for U.S. LNG, But Hinder Climate Objectives

HANOI – Asian nations are proposing to purchase increased amounts of U.S.…

Amazon Offer: Expedited Delivery of Hawaii-Grown Pineapples to Mainland

HONOLULU (KHON2) – A sweet new deal is taking flight in Hawaii.…

There’s increasing talk that St. Pete could one day lose its baseball and soccer teams.

ST. PETERSBURG, Fla. (WFLA) – Tropicana Field is undergoing repairs for the…

Beaufort County Authorities Seek Assistance in Locating Two Missing Women

BEAUFORT COUNTY, S.C. () — The Beaufort County Sheriff’s Office (BCSO) is…

Epstein Files Dispute Delays Trump DOGE Budget Reduction Bill

The fight over how the Trump administration has handled disclosures relating to…

Explore Over 50 Delicious Dining Spots in Polk County’s Burger Week Celebration

POLK COUNTY, Fla. (WFLA) — Hope you’re hungry, it’s Burger Week in…

LIVE COVERAGE: Trooper Steve Observes St. Cloud Police Hosting a Water Battle Event at Youth Camp

ST. CLOUD, Fla. – In terms of community involvement, the St. Cloud…

Florida Man Dies After Train Ride to Mount Washington Summit and Going Missing

TAMPA, Fla. (WFLA) — Authorities reported the death of a Florida man…

El Salvadorian Man Arrested by FBI and ICE a Year After Alleged Fatal Crash

INDIANAPOLIS An El Salvador citizen who was unlawfully in the United States,…