Trump misleadingly says prescription drug prices have gone down - (The Hill via NewsPoints Desk)

  • US President Donal Trump on Sunday incorrectly claimed drug prices declined last year, saying bipartisan cooperation on the issue would "get big results," The Hill reported.

  • "Last year was the first in 51 years where prescription drug prices actually went down, but things have been, and are being, put in place that will drive them down substantially," Trump tweeted, adding that is Democrats "would work with us in a bipartisan fashion, we would get big results very fast!"

  • However, an analysis by the Associated Press in September found 96 price increases for each price reduction in the first seven months of 2018.

  • The tweet follows Trump's recnt comments noting that the administration would announce a "favoured-nations clause" to reduce drug prices, in which the amount the government paid for any given drug would not be more than the lowest amount other countries or companies pay.

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