President Donald Trump took a bow for reducing prescription drug prices for the first time in “51 years” and ripped Democrats for not helping so we could “get big results very fast,” adding criticism of the primary candidates for talking about raising taxes.
President Trump tweeted:
“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. If Dems would work with us in a bipartisan fashion, we would get big results very fast!”
The president’s claim was disputed by reports of prescription drug price increases, but Fox Business did report this week the rate of drug-price increases from a year ago was nearly cut in half from last year.
July tends to be a month in which big pharma companies announce drug-price increases. Rx Savings Solutions released a recent report on drug-price increases.
President Trump also tweeted a slam at Democratic presidential primary frontrunner, former Vice President Joe Biden, who leads him in polling for a hypothetical 2020 campaign.
“Sleepy Joe Biden just admitted he worked with segregationists and separately, has already been very plain about the fact that he will be substantially raising everyone’s taxes if he becomes president. Ridiculously, all Democrats want to substantially raise taxes!”