Trump signs executive order setting 30-day deadline for drugmakers to lower prescription drug costs (Poll)

[Marener]

Nations other than ours place price restrictions on all drugs sold in their country... that's why drugs in Europe cost so much less than in the USA... all Trump is doing is what the rest of the world does for their people... protect them from price gouging....

So you want this country to go full blown communist and use government to dictate the prices companies can charge the people!

 

[Oddball]

 

[NetJedi]

No

1) Price controls are stupid and generally don't work anyway.

2) This kind of EO isn't in the executive's lane....In substance, this wouldn't be any different then him declaring a minimum wage by fiat.

Agree with the thought, totally wrong way to go about it.

It is in the "Executives Lane" if it's what agencies in the Executive Branch (Medicare and Medicaid) are paying for drugs, the Executive Branch of The Federal Government is the BUYER and the EO in effect says, "The Centers for Medicare and Medicaid are only going to pay these price targets for your products".

It's just insane that this EO hasn't been done before and that Congress hasn't legislated this.

 

[kyzr]

This EO is basically fluff. It doesn’t say anything specific other than asking companies to lower prices.

Actually Trump gave RFK the job of making the loweer prices happen.

From the OP link:
"The order calls on the health department, led by Robert F. Kennedy Jr., to broker new price tags for drugs over the next month. If deals are not reached, Kennedy will be tasked with developing a new rule that ties the price the U.S. pays for medications to lower prices paid by other countries."

Not sure what "rule" RFK can impose, but its a step in the right direction.

 

[Orangecat]

Why? Because the Order isn't worth the paper it's printed on.

So why are you whining like a ***** about it, then? Worry about Canada, dumbass.

 

[Oddball]

It is in the "Executives Lane" if it's what agencies in the Executive Branch (Medicare and Medicaid) are paying for drugs, the Executive Branch of The Federal Government is the BUYER and the EO in effect says, "The Centers for Medicare and Medicaid are only going to pay these price targets for your products".

It's just insane that this EO hasn't been done before and that Congress hasn't legislated this.

I'll agree that it IS insane the congress won't codify any of this....That IS their lane.

The GOP weasel douchebag caucuses in both houses of the legislature are showing, in the highest relief ever, that they're even bigger bought-off sellout assholes than the "liberals" that they're supposed to be in opposition to.

 

[Marener]

Actually Trump gave RFK the job of making the loweer prices happen.

From the OP link:
"The order calls on the health department, led by Robert F. Kennedy Jr., to broker new price tags for drugs over the next month. If deals are not reached, Kennedy will be tasked with developing a new rule that ties the price the U.S. pays for medications to lower prices paid by other countries."

Not sure what "rule" RFK can impose, but its a step in the right direction.

That’s the thing. The threat is to “make a rule”. That’s a process that takes years, and is subject to the limited statutory authority of the executive branch.

It’s too vague to take seriously at this point.

 

[kyzr]

No
1) Price controls are stupid and generally don't work anyway.
2) This kind of EO isn't in the executive's lane....In substance, this wouldn't be any different then him declaring a minimum wage by fiat.
Agree with the thought, totally wrong way to go about it.

Trump asked RFK to follow thru on the objective to lower drug prices:
From the OP link:
"The order calls on the health department, led by Robert F. Kennedy Jr., to broker new price tags for drugs over the next month. If deals are not reached, Kennedy will be tasked with developing a new rule that ties the price the U.S. pays for medications to lower prices paid by other countries.Its the thought that counts."

 

[Oddball]

Trump asked RFK to follow thru on the objective to lower drug prices:
From the OP link:
"The order calls on the health department, led by Robert F. Kennedy Jr., to broker new price tags for drugs over the next month. If deals are not reached, Kennedy will be tasked with developing a new rule that ties the price the U.S. pays for medications to lower prices paid by other countries.Its the thought that counts."

TY for that...Still stand my the assertion that price controls are a stupid idea....The inflated prices are the symptom, not the cause.

 

[NetJedi]

.. and Just like that Democrats are openly pro-Big Pharma, next step, Democrats burning down cities because lower prices are unfair to Merck.

Damn, Trump is good.

 

[kyzr]

That’s the thing. The threat is to “make a rule”. That’s a process that takes years, and is subject to the limited statutory authority of the executive branch. It’s too vague to take seriously at this point.

If the "rule" is that congress needs to pass a law enforcing the lowest price for drugs, I think we both know that Big Pharma owns enough congress-critters to vote down any proposed "rule".

 

[g5000]

It is in the "Executives Lane" if it's what agencies in the Executive Branch (Medicare and Medicaid) are paying for drugs, the Executive Branch of The Federal Government is the BUYER and the EO in effect says, "The Centers for Medicare and Medicaid are only going to pay these price targets for your products".

It's just insane that this EO hasn't been done before and that Congress hasn't legislated this.

Um...retard?

Biden enacted policies to lower the cost of drugs.

On day one of his administration, Trump signed an EO to end those policies, which included a cap of $2.00 for generic drugs, and Trump signed another one in February to end other drug cost reducing policies.

Your propagandists keep you idiots totally in the dark.

See post 10.

 

[Marener]

If the "rule" is that congress needs to pass a law enforcing the lowest price for drugs, I think we both know that Big Pharma owns enough congress-critters to vote down any proposed "rule".

You’re confused. Rules and laws are different. EOs have nothing to do with laws. There is no law. Congress is not involved here.

It’s very annoying that when Harris was talking about this, she was called a commie and price fixing. Trump does it (or at least says he’s doing it) and he’s praised. I hate political discourse sometimes.

 

[NetJedi]

I'll agree that it IS insane the congress won't codify any of this....That IS their lane.

Yes, it is within the bailiwick of the Legislative Branch, however the Legislative Branch has been silent on the matter (i.e. no pricing targets specified within existing legislation), which is the really the sole purpose of EO's, i.e. fill gaps in legislation that need filling due to existing circumstances until Congress can act.

So yeah, I agree with this EO since the current scheme is absolutely INSANE. It's like the car dealership down the street telling your neighbor that they'll sell him a car at half price and make up the difference by charging you double and you agreeing to the deal.

Hopefully our boys & girls in Congress will take the hint and codify this Medicare/Medicaid drug pricing scheme into law because it makes a whole lot of sense and can save patients and taxpayers a TON of money.

 

[kyzr]

You’re confused. Rules and laws are different. EOs have nothing to do with laws. There is no law. Congress is not involved here.
It’s very annoying that when Harris was talking about this, she was called a commie and price fixing. Trump does it (or at least says he’s doing it) and he’s praised. I hate political discourse sometimes.

1. I know rules and laws are different. I'm not sure which would be required to make Trump's EO happen.

2. I don't remember Kamala wanting the lowest price for all drugs, Biden wanted lower prices for Medicare and Medicaid, I never criticize pols for lowering prices. Big Pharma probably had commercials on her though.

 

[NetJedi]

TY for that...Still stand my the assertion that price controls are a stupid idea....The inflated prices are the symptom, not the cause.

Do you consider telling the local grocery store that you refuse to pay $50 for a loaf of bread a "price control"?

What's the difference between that and the Executive Branch telling Merck that it won't pay $1,300 a dose for a drug that costs $88 in the UK?

 

[Marener]

1. I know rules and laws are different. I'm not sure which would be required to make Trump's EO happen.

2. I don't remember Kamala wanting the lowest price for all drugs, Biden wanted lower prices for Medicare and Medicaid, I never criticize pols for lowering prices. Big Pharma probably had commercials on her though.

Republicans attacked any attempt to lower prices by saying it would result in less research and fewer cures. They said it would just lead to cost shifting elsewhere and everyone would be worse off.

But that’s just politics.

 

[dblack]

So you’re for price controls?

Yup. They are. I've been telling you - MAGA is socialist. And Nationalist. Sort of a National Socialist Party. Whodathunkit?

 

[jc456]

Which drugs? For who? How much? What if they don’t? What is significant progress?

But he got a headline, which is all that matters. Actual policy is not important.

Patent drugs

 

[jc456]

Republicans attacked any attempt to lower prices by saying it would result in less research and fewer cures. They said it would just lead to cost shifting elsewhere and everyone would be worse off.

But that’s just politics.