{"id":3022,"date":"2018-08-31T16:11:00","date_gmt":"2018-08-31T16:11:00","guid":{"rendered":"http:\/\/democrats.org\/blog\/2018\/08\/31\/trump-lies-drug-prices-continue-to-skyrocket\/"},"modified":"2024-05-23T20:17:12","modified_gmt":"2024-05-23T20:17:12","slug":"trump-lies-drug-prices-continue-to-skyrocket","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/trump-lies-drug-prices-continue-to-skyrocket\/","title":{"rendered":"Trump Lies: Drug Prices Continue To Skyrocket"},"content":{"rendered":"<div>\n<div>\n<div id=\":46s\">\n<div id=\":46r\">\n<div dir=\"ltr\">\n<p dir=\"ltr\"><span id=\"m_-1075338715111722656gmail-docs-internal-guid-3934d449-7fff-907e-2e1a-54fb19d40082\">At his rally last night, Trump continued to lie and take credit for lowering prescription drug costs. The truth is that drug prices continue to skyrocket.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p dir=\"ltr\"><span id=\"m_-1075338715111722656gmail-docs-internal-guid-3934d449-7fff-907e-2e1a-54fb19d40082\">LIE:<\/span> Trump claimed that drug prices are coming down.<\/p>\n<p>&nbsp;<\/p>\n<p dir=\"ltr\" style=\"margin-left:36pt;\"><span id=\"m_-1075338715111722656gmail-docs-internal-guid-3934d449-7fff-907e-2e1a-54fb19d40082\">Trump: &ldquo;Drug prices are coming down like they&rsquo;ve never seen.&rdquo;<\/span><\/p>\n<p>&nbsp;<\/p>\n<p dir=\"ltr\"><span id=\"m_-1075338715111722656gmail-docs-internal-guid-3934d449-7fff-907e-2e1a-54fb19d40082\">REALITY:<\/span> Prescription drug prices have continued to skyrocket.<\/p>\n<p dir=\"ltr\">&nbsp;<\/p>\n<p dir=\"ltr\" style=\"margin-left:36pt;\"><span id=\"m_-1075338715111722656gmail-docs-internal-guid-3934d449-7fff-907e-2e1a-54fb19d40082\"><a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.washingtonpost.com\/news\/wonk\/wp\/2018\/06\/08\/two-weeks-after-trump-unveiled-plan-to-lower-drug-prices-two-cancer-drugs-got-a-1000-per-month-price-hike\/?utm_term%3D.e2f816d9abda&amp;source=gmail&amp;ust=1535813014516000&amp;usg=AFQjCNEcNEmURzrwqHbcoFTHiMZRNoEvCw\" href=\"https:\/\/www.washingtonpost.com\/news\/wonk\/wp\/2018\/06\/08\/two-weeks-after-trump-unveiled-plan-to-lower-drug-prices-two-cancer-drugs-got-a-1000-per-month-price-hike\/?utm_term=.e2f816d9abda\" target=\"_blank\" rel=\"noopener noreferrer\">Washington Post<\/a><\/span>: &ldquo;Two Weeks After Trump Unveiled Plan To Lower Drug Prices, Two Cancer Drugs Got A $1,000-Per-Month Price Hike&rdquo;<\/p>\n<p dir=\"ltr\" style=\"margin-left:36pt;\">&nbsp;<\/p>\n<p dir=\"ltr\" style=\"margin-left:36pt;\"><span id=\"m_-1075338715111722656gmail-docs-internal-guid-3934d449-7fff-907e-2e1a-54fb19d40082\"><a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.bloomberg.com\/graphics\/2018-drug-price-index\/&amp;source=gmail&amp;ust=1535813014516000&amp;usg=AFQjCNHmBvrjm9inlCA3DjGmaddqOwgVIA\" href=\"https:\/\/www.bloomberg.com\/graphics\/2018-drug-price-index\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bloomberg<\/a><\/span>: &ldquo;Long-term, prices keep going up: 255 brand drugs had increases between Feb. 1 and July 15, according to the drug pricing website GoodRx. The most common increase in that window was for 9 to 10 percent, a threshold that some companies have promised not to exceed.&rdquo;<\/p>\n<p dir=\"ltr\" style=\"margin-left:36pt;\">&nbsp;<\/p>\n<p dir=\"ltr\" style=\"margin-left:36pt;\"><span id=\"m_-1075338715111722656gmail-docs-internal-guid-3934d449-7fff-907e-2e1a-54fb19d40082\"><a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.politico.com\/story\/2018\/07\/03\/drugmakers-trump-drug-prices-668260&amp;source=gmail&amp;ust=1535813014516000&amp;usg=AFQjCNFa6MqayUjcSrFQE065EIyPvmRsrQ\" href=\"https:\/\/www.politico.com\/story\/2018\/07\/03\/drugmakers-trump-drug-prices-668260\" target=\"_blank\" rel=\"noopener noreferrer\">Politico<\/a><\/span>: &ldquo;A Wells Fargo report found 104 price increases in June and the first two days of July, with an average jump of 31.5 percent and a median increase of 9.4 percent. That followed 48 increases in May.&rdquo;<\/p>\n<p>&nbsp;<\/p>\n<p dir=\"ltr\"><span id=\"m_-1075338715111722656gmail-docs-internal-guid-3934d449-7fff-907e-2e1a-54fb19d40082\">LIE:<\/span> Trump tried to take credit for Pfizer and Novartis lowering drug costs.<\/p>\n<p>&nbsp;<\/p>\n<p dir=\"ltr\" style=\"margin-left:36pt;\"><span id=\"m_-1075338715111722656gmail-docs-internal-guid-3934d449-7fff-907e-2e1a-54fb19d40082\">Trump: &ldquo;You remember two weeks ago, Pfizer &ndash; and I take my hat off to them, I like them &ndash; they increased their prices substantially, of drugs. And I got angry about it. I think it&rsquo;s probably the first time I realized what great power we have, right. I got angry. Novartis, same thing. They increased their prices. I&rsquo;m decreasing the prices.&rdquo;<\/span><\/p>\n<p>&nbsp;<\/p>\n<p dir=\"ltr\"><span id=\"m_-1075338715111722656gmail-docs-internal-guid-3934d449-7fff-907e-2e1a-54fb19d40082\">REALITY:<\/span> Novartis and Pfizer both said that they would only temporarily hold off on drug price increases and did not commit to reducing costs.<\/p>\n<p>&nbsp;<\/p>\n<p dir=\"ltr\" style=\"margin-left:36pt;\"><span id=\"m_-1075338715111722656gmail-docs-internal-guid-3934d449-7fff-907e-2e1a-54fb19d40082\"><a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/money.cnn.com\/2018\/07\/18\/investing\/trump-prescription-drug-prices-novartis\/index.html&amp;source=gmail&amp;ust=1535813014516000&amp;usg=AFQjCNFPecJOZuafz0hyC6nSnM2N3ozEcw\" href=\"https:\/\/money.cnn.com\/2018\/07\/18\/investing\/trump-prescription-drug-prices-novartis\/index.html\" target=\"_blank\" rel=\"noopener noreferrer\">CNN Money<\/a><\/span>: &ldquo;The Swiss company said Wednesday that it would not raise prices this year in the United States, days after its rival Pfizer came under pressure from Trump. &lsquo;We thought the prudent thing to do was to pull back on any further price increases in 2018 and evaluate as the environment evolves,&rsquo; Novartis CEO Vas Narasimhan told Bloomberg on Wednesday.&rdquo;<\/p>\n<p>&nbsp;<\/p>\n<p dir=\"ltr\" style=\"margin-left:36pt;\"><span id=\"m_-1075338715111722656gmail-docs-internal-guid-3934d449-7fff-907e-2e1a-54fb19d40082\"><a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.nytimes.com\/2018\/07\/10\/us\/politics\/pfizer-trump-drug-prices.html&amp;source=gmail&amp;ust=1535813014516000&amp;usg=AFQjCNFkgrvjvz3QCd29EX0la9qlFIVNhg\" href=\"https:\/\/www.nytimes.com\/2018\/07\/10\/us\/politics\/pfizer-trump-drug-prices.html\" target=\"_blank\" rel=\"noopener noreferrer\">New York Times<\/a><\/span>: &ldquo;Pfizer, the giant multinational drug company, said on Tuesday that it would defer some price increases, after President Trump thrashed the company in a Twitter post.&rdquo;<\/p>\n<p>&nbsp;<\/p>\n<p dir=\"ltr\"><span id=\"m_-1075338715111722656gmail-docs-internal-guid-3934d449-7fff-907e-2e1a-54fb19d40082\">LIE:<\/span> Trump said that he has put &ldquo;mechanisms in work&rdquo; that are helping to lower drug costs.<\/p>\n<p>&nbsp;<\/p>\n<p dir=\"ltr\" style=\"margin-left:36pt;\"><span id=\"m_-1075338715111722656gmail-docs-internal-guid-3934d449-7fff-907e-2e1a-54fb19d40082\">Trump: &ldquo;And those prices are going to come down. Because we&rsquo;ve put mechanisms in work. Lots of different &ndash; I won&rsquo;t bore you with the complications. It&rsquo;s actually, we had middlemen that were so rich they were making a fortune on drugs. Prescription drugs. We&rsquo;re getting rid of all of that.&rdquo;<\/span><\/p>\n<p>&nbsp;<\/p>\n<p dir=\"ltr\"><span id=\"m_-1075338715111722656gmail-docs-internal-guid-3934d449-7fff-907e-2e1a-54fb19d40082\">REALITY: <\/span>Trump&rsquo;s drug plan &ldquo;seems to lead nowhere&rdquo; and prescription drugs cost more than ever.<\/p>\n<p>&nbsp;<\/p>\n<p dir=\"ltr\" style=\"margin-left:36pt;\"><span id=\"m_-1075338715111722656gmail-docs-internal-guid-3934d449-7fff-907e-2e1a-54fb19d40082\"><a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.nytimes.com\/2018\/07\/17\/opinion\/editorials\/drug-prices-trump-novartis-pfizer.html&amp;source=gmail&amp;ust=1535813014516000&amp;usg=AFQjCNHjCdmpjGJgXvWh65ImbLx1zNZGlg\" href=\"https:\/\/www.nytimes.com\/2018\/07\/17\/opinion\/editorials\/drug-prices-trump-novartis-pfizer.html\" target=\"_blank\" rel=\"noopener noreferrer\">New York Times Editorial<\/a><\/span>: &ldquo;It has been two months since the president released his road map for lowering drug costs that seems to lead nowhere, and about a month since he predicted the &lsquo;big drug companies&rsquo; would announce &lsquo;voluntary massive&rsquo; price cuts. &hellip; Taken together, the developments help explain why, a year and a half after Mr. Trump took office, prescription drugs cost more than ever.&rdquo;<\/p>\n<div>&nbsp;<\/div>\n<div>&nbsp;<\/div>\n<\/div>\n<div>&nbsp;<\/div>\n<\/div>\n<\/div>\n<div>&nbsp;<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>At his rally last night, Trump continued to lie and take credit for lowering prescription drug costs. The truth is that drug prices continue to skyrocket. &nbsp; LIE: Trump claimed that drug prices are coming down. &nbsp; Trump: &ldquo;Drug prices are coming down like they&rsquo;ve never seen.&rdquo; &nbsp; REALITY: Prescription drug prices have continued to <\/p>\n","protected":false},"author":263,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3022","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump Lies: Drug Prices Continue To Skyrocket - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/trump-lies-drug-prices-continue-to-skyrocket\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-31T16:11:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-23T20:17:12+00:00\" \/>\n<meta name=\"author\" content=\"Claire DePree\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Claire DePree\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/trump-lies-drug-prices-continue-to-skyrocket\/\",\"url\":\"https:\/\/democrats.org\/news\/trump-lies-drug-prices-continue-to-skyrocket\/\",\"name\":\"Trump Lies: Drug Prices Continue To Skyrocket - 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