""Now you have the lowest drug prices anywhere in the world," Trump said at a Friday rally before a crowd of seniors in Florida. "And that alone should win us the midterms.""
"The analysis was done by administration officials for the White House Council of Economic Advisers. They also estimated that federal and state governments could save a combined $64.3 billion on Medicaid during the next decade."
"Few of the details of the deals struck by the Trump administration and 17 leading pharmaceutical companies have been made public, making it hard to independently verify the projected savings."
White House economists project that President Trump's agreements with pharmaceutical companies to align U.S. drug prices with those in other countries could result in $529 billion in savings over ten years. This analysis, crucial for Trump's midterm election strategy, faces skepticism from Democratic lawmakers regarding its accuracy. Additionally, the administration estimates $64.3 billion in savings for Medicaid. However, details of the agreements remain largely undisclosed, complicating independent verification of these savings projections.
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