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Trump administration unveils drug price proposals

In its first move towards fulfilling the presidents campaign promise to reduce the cost of prescription drugs, the Trump administration released a 28-page document summarizing a number of ways to push down prices.

By Jack Craver | Updated on February 13, 2018
The administration points a finger at the FDA, saying that the time it takes the agency to review and approve new drugs leaves consumers with fewer generic options and higher prices. (Photo: Shutterstock)

In its first move towards fulfilling the president’s campaign promise to reduce the cost of prescription drugs, the Trump administration released a 28-page document summarizing a number of ways to push down prices.

Most of the suggested policies are traditional right-of-center ideas that emphasize the benefits of competition and the harms of government regulation. Few of the proposed solutions are specific.

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Jack Craver

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