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Politics

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Trump to Pitch Sweeping Medicare Drug Price Plan

“President Donald Trump plans to revive an effort to dramatically slash drug costs by tying the amount the government pays for some medicines to lower prices abroad,” Politico reports.

“Trump early next week is expected to sign an executive order directing aides to pursue the initiative, called ‘most favored nation,’ for a selection of drugs within the Medicare program.

The idea would use the administration’s authorities to force prices down.”

This is apparently the big announcement Trump teased yesterday.
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