Trump Rescinds Biden Order Aimed at Lowering Prescription Drug Prices

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As part of a flurry of executive actions on the first day of his second White House term, President Donald Trump on Monday rescinded an order signed by his predecessor that aimed to develop programs to lower prescription drug prices in the United States—where residents pay far more for medications than people in peer countries.

News of Trump's rollback of Executive Order 14087—titled Lowering Prescription Drug Costs for Americans—was buried amid dozens of other rescissions the president ordered shortly following his inauguration.

The decision to scrap Executive Order 14087 brings to a halt several pilot programs undertaken by the Center for Medicare and Medicaid Innovation, including an experiment that involved offering generic medications for a $2 copay to Medicare Part D recipients.

"This act is a good indication of how Trump will approach lower drug prices," Social Security Works, a progressive advocacy group, wrote in response to Trump's rescission of President Joe Biden's executive order.

Larry Levitt, executive vice president for health policy at KFF, added that "the big question, which Trump hasn't addressed yet, is what he’ll do with government negotiation of drug prices under the Inflation Reduction Act."

Just days before Trump took office, the Biden administration announced a fresh slate of 15 medications set to be subject to direct price negotiations between the federal government and pharmaceutical companies, many of which have sued over the negotiation program—thus far unsuccessfully.

Reutersreported last week that the powerful pharmaceutical lobby has been pushing Trump's team to back changes to the Inflation Reduction Act that would weaken the price-negotiation provisions.

"Donald Trump is already following through on his dangerous plans to jack up the costs of drugs to appease his billionaire backers after the Biden-Haris administration took on Big Pharma and won," Alex Floyd, rapid response director for the Democratic National Committee, said in a statement. "Trump is again proving that he lied to the American people and doesn't care about lowering costs—only what's best for himself and his ultra-rich friends."

Responding more broadly to the president's day-one wave of unilateral actions—which included attacks on immigrants and the climate—Working Families Party national director Maurice Mitchell said Tuesday that "Trump's flood of executive orders is just a cheap spectacle meant to distract us while his administration moves to gut our healthcare and SNAP benefits."

"Immigrant families aren't the reason we can't afford eggs or prescription drugs; billionaire CEOs are," Mitchell added.
https://www.commondreams.org/news/trump-drug-prices

TOS got to protect my Donors, the rich ones at least.
Facts do not cease to exist because they are ignored.-Huxley
"We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can't have both." ~ Louis Brandeis,
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Re: Trump Rescinds Biden Order Aimed at Lowering Prescription Drug Prices

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As I've said before, Republicans now represent the working class and I strongly doubt that working class will like that repeal. That is unless Trump has something up his sleeve that he has yet to reveal. His new chief of staff Susie Wiles has said this WH won't be a leaking sieve like the first administration. I have health insurance but there are scams out there supposed "discount cards".

One approached me for a medication I'm taking temporarily, they offered me a "discount" of $27.00 for a 30 day supply of the drug. I told them it was a rip off, the drug is generic and I pay $4.14 for a 30 day supply.
"Everyone is entitled to their own opinion, but not their own facts." - Daniel Patrick Moynihan

Re: Trump Rescinds Biden Order Aimed at Lowering Prescription Drug Prices

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jc57 wrote: Tue Jan 21, 2025 2:58 pm I am curious as to where you are seeing the expressions of remorse from his supporters. I have not yet seen the reactions from that side of the spectrum, mainly because I don't really frequent any right-leaning sources of information.
Go to the Daily Show website and check out the interviews with the crowd. My feed is rife with such things.

CDF
Crazy cat peekin' through a lace bandana
like a one-eyed Cheshire, like a diamond-eye Jack

Re: Trump Rescinds Biden Order Aimed at Lowering Prescription Drug Prices

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Ah - I don't have a "feed" - I just visit here sometimes (which is more often than not just a curated version of Google News), Google News, and Reddit, and then only a very few subreddits I have interests in. I don't use other forms of social media- never had the desire to. Well, Twitter long ago when it had some value, but that was like maybe 2014 era.

I note that Reddit is particularly left-leaning and if you had gone by the tone there, Harris had a solid lock.

Re: Trump Rescinds Biden Order Aimed at Lowering Prescription Drug Prices

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This dips into my pocket due to the costly drugs I'm required to Take (guess I could do without, but still want to live until I see this POS in prison). I recently had to take a six week course of Xdemvy for Demodex blepharitis (Google that script cost), thanks to Joe, I ended up getting it for no cost. My part D left me with a $500 balance that was picked up with the help of another insurance. This is gonna hurt lots of people - and this prick is just getting started to shit on all of us.
"Being Republican is more than a difference of opinion - it's a character flaw." "COVID can fix STUPID!"
The greatest, most aggrieved mistake EVER made by USA was electing DJT as POTUS - TWICE!!!!!

Re: Trump Rescinds Biden Order Aimed at Lowering Prescription Drug Prices

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Well, one way to cut Medicare and Social Security costs is if the recipients of said benefits die sooner, so maybe Trump is onto something. "I'm not going to cut benefits, I am just going to drastically reduce the number of people receiving them by the process of attrition. If they wanted to live long lives, they should have had the foresight to become rich first. We don't need unemployed poor old people any more than we need unemployed poor young people. Cost savings for all of the rich, aka, those whose lives actually matter."

Re: Trump Rescinds Biden Order Aimed at Lowering Prescription Drug Prices

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Seniors who don't follow the news, could get a big surprise when they next fill their medications. Those who can afford increases won't worry, it's retirees on Medicare who have to decide between medication or food. Retirees in red states like Florida could be some of the first to respond to the increases.
"Everyone is entitled to their own opinion, but not their own facts." - Daniel Patrick Moynihan

Re: Trump Rescinds Biden Order Aimed at Lowering Prescription Drug Prices

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jc57 wrote: Tue Jan 21, 2025 3:35 pm Ah - I don't have a "feed" - I just visit here sometimes (which is more often than not just a curated version of Google News), Google News, and Reddit, and then only a very few subreddits I have interests in. I don't use other forms of social media- never had the desire to. Well, Twitter long ago when it had some value, but that was like maybe 2014 era.

I note that Reddit is particularly left-leaning and if you had gone by the tone there, Harris had a solid lock.
Remember what the Door Mouse said, "Feed your head".

A good feed contains some of everything.

CDF
Crazy cat peekin' through a lace bandana
like a one-eyed Cheshire, like a diamond-eye Jack

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