Trump Announces New Measures to Lower Price of Prescription Drugs

Trump Announces New Measures to Lower Price of Prescription Drugs
President Donald Trump speaks to the press in the James Brady Press Briefing Room at the White House in Washington, on Nov. 20, 2020. Tasos Katopodis/Getty Images
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President Donald Trump on Friday announced measures that he says will “dramatically lower” the price of prescription drugs for Americans.

The first action ends rebates to middlemen in Medicare and passes those rebates to Americans.

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