I’m not sure.
Should we read the EO?
I just checked the prices of my three drug company stocks to see if this affected their price. All three are higher so far today, as is the market in general.
I don’t remember that, nor was I able to find such a thing on the internet. Perhaps you could link us to that?
Yeah. It was in 2020. It’s tough to find exact news stories from that time cause the Google is just pulling from today’s announcment. But there is mention of the first try in some stories from today.
The push, which Trump announced in the White House alongside Health and Human Services Secretary Robert F. Kennedy Jr., will almost certainly draw lawsuits from the pharmaceutical industry. A federal judge struck down Trump’s most-favored nation policy during his first term in 2020 because the administration didn’t follow rulemaking procedures mandated by Congress.
His efforts last time didn’t go anywhere.
Basically the courts legitmately stuck down his efforts (then) because he did not have the power via Exec Order to carry out key parts of it.
Maybe this time he has a new method,
(or a new legal argument.)
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I heard the drug company CEOs are going to give him an airplane.
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Well, in any case, I think it will be knocked down today. That sort of thing should be supported by a law, not a pen and a phone EO.
I support the idea, but with congressional approval.
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Y’all know Biden signed an EO that did this exact thing through Medicare/Medicaid and Trump reversed it back in January.
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Can’t find it. Seems that it’s not released yet?
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I think this is it.
His EOs on pharma prices failed last time and, ironically, for good reason.
Donald Trump (and I) have long complained
- “Bureaucrats do not have the authority to (simply) enact this regulation and that regalutation. Many of those so-called regulations are de facto laws and need to be approved by Congress.”,
I don’t recall a whole lot about hs previous effort to lower drug prices. But I do recall thinking
- “It’s hard to know who is being more hypcritical here, Donald Trump or the courts. They seem to have switched sides.”
It was not struck down because of the policy, it was struck down by the always unconstitutional APA.
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no he didn’t. Why do leftists lie so much?
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No to what? The Biden EO or Trump reversing it?
Biden did not sign any “most favored nation” prciing eo. He signed an eo that allowed medicare and medicaid to negotiate with drug companies that resulted in price drops for 10 drugs.
And what do you think Trump’s EO is going to do?
more than 10 drugs. Your claim that its the same thing Biden did is false. You know its false, yet you trotted it out there anyway
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Why so angry?
Capitalism
what anger? you claimed a falsity, i corrected it
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but lacking a free market
