Updated May 12, 2025 -
axios
President Trump signed an executive order Monday morning that he said Sunday would cut prescription drug and pharmaceutical prices "almost immediately, by 30% to 80%."
Why it matters: Drug prices are considerably higher for U.S. patients than in other countries, and Trump and his predecessor President Biden have pushed for lower costs.
Driving the news: Trump's executive order directed Health and Human Services Secretary Robert F. Kennedy Jr. to facilitate direct-to-consumer purchasing programs for manufacturers to sell pharmaceutical products to U.S. patients at "the most-favored-nation price."
Soon big Assmerican pharma companies will move production to China so that they can MIC and sell to Assmerica!
Cheap cheap! Good good!
(17-05-2025, 04:11 PM)Levin Wrote: [ -> ]Yes, I find this strange too.
As I have posted back in March, Trump is the first US president that I know that is trying to reduce the US debt.
Bill Clinton had budget surpluses for fiscal years 1998–2001, the only such years from 1970 to 2023. Clinton's final four budgets were balanced budgets with surpluses, beginning with the 1997 budget. The ratio of debt held by the public to GDP, a primary measure of
U.S. federal debt, fell from 47.8% in 1993 to 33.6% by 2000.
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(17-05-2025, 05:06 PM)cityhantam Wrote: [ -> ]Bill Clinton had budget surpluses for fiscal years 1998–2001, the only such years from 1970 to 2023. Clinton's final four budgets were balanced budgets with surpluses, beginning with the 1997 budget. The ratio of debt held by the public to GDP, a primary measure of U.S. federal debt, fell from 47.8% in 1993 to 33.6% by 2000.
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Yes, I know about this too.
(17-05-2025, 05:14 PM)Levin Wrote: [ -> ]Yes, I know about this too.
Many know B C achievement but do not know his blunder
dollarsandsense.org › archives › 1999 › 0599clintonbox.html
Clinton's Social Security Scam | Dollars & Sense - Dollars and Sense
In addition to the debt-paydown scheme, Clinton advocates putting another $1.2 trillion of payroll taxes and general revenues toward retirement: $700 billion to be invested by the SSA in the stock market and $500 billion to fund new "individual
Dot com burst and loss quite a lot.
(17-05-2025, 05:35 PM)watchfirst9 Wrote: [ -> ]Many know B C achievement but do not know his blunder
dollarsandsense.org › archives › 1999 › 0599clintonbox.html
Clinton's Social Security Scam | Dollars & Sense - Dollars and Sense
In addition to the debt-paydown scheme, Clinton advocates putting another $1.2 trillion of payroll taxes and general revenues toward retirement: $700 billion to be invested by the SSA in the stock market and $500 billion to fund new "individual
Dot com burst and loss quite a lot.
Wah, this one I did not know.