President Trump Blew Up The Democrat Corrupt Drug Pricing Scheme | The White House

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Summary

➡ The White House talks about how American drug companies are charging much more for medicines than in other countries, causing public anger. Many Americans spend around $4,000 yearly on insulin, which is seen as too high. The drug industry could help by reducing these costs, especially for senior citizens. If they don’t, other measures may be needed. The cost of prescription drugs in Canada is much lower than in the U.S., and Democrats are blamed for allowing this situation.

 

Transcript

Drug companies are charging Americans 3, 4, 5, even in some cases 10 times more than they charge for the same drugs overseas. People are just outraged by the fact that they pay so much more than people pay in other countries. Drug prices clearly are out of control. So many Americans pay approximately $4,000 a year for insulin. That’s unacceptable. Un-American and unconscionable. Reduce the cost for Medicare of the expenses associated with prescription by drugs. The drug industry can contribute to the well-being of seniors and American citizens by helping bring down these costs. And if they’re not willing to help, then we need to use all the tools at our disposal.

Here they are fighting for their lives, and they’re able to get the medicine they need for 10% of the price. Obviously, other medicines in Canada are 30%, 50%, 60%. But overall, the cost of prescription drugs in Canada is significantly less than it is in the United States. Democrats are the ones that allowed this to happen. They were the ones that were the protector of this pricing system. Thank you. [tr:trw].

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There is no Law Requiring most Americans to Pay Federal Income Tax

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