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AP FACT CHECK: Trump overstates his influence on drug prices


Added 09-10-19 07:03:02pm EST - “President Donald Trump is off the mark in taking credit for a drop in drug prices that he calls unprecedented in half a century.” - Washingtontimes.com

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Posted By TheNewsCommenter: From Washingtontimes.com: “AP FACT CHECK: Trump overstates his influence on drug prices”. Below is an excerpt from the article.

WASHINGTON (AP) - President Donald Trump is off the mark in taking credit for a drop in drug prices that he calls unprecedented in half a century.

TRUMP: “Our ambitious campaign to reduce the price of prescription drugs has produced the largest decline in drug prices in more than 51 years.” - remarks at North Carolina rally Monday night.

THE FACTS: He’s exaggerating his influence on drug prices, which haven’t fallen for brand-name drugs, the area that worries consumers the most.

Most of the Trump administration’s “ambitious campaign” to reduce drug prices has yet to be completed. Major regulations are still in the works and legislation has yet to be passed by Congress. A rule requiring drug makers to disclose prices in TV ads has been blocked for now by the courts.

Harsh criticism of the industry - from Trump and lawmakers of both parties in Congress - may be having some effect, however.

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