Photo: Joshua Lott/Bloomberg via Getty Images One of Donald Trump's most well-received and attention-grabbing campaign promises was that he would allow the federal government to negotiate the price of prescription drugs it covers through Medicare. "If we negotiated the price of drugs, Joe, we'd save $300 billion a year," he rather optimistically asserted . The reason this money-saving method had not been used, he told audiences, was the influence of the industry. "We don't do it. Why? Because of the drug companies." Liberals actually support the idea, which would allow the government to use its bargaining power to hold down prices, and which fed into Trump's image as a populist outsider breaking with party orthodoxy. Trump claimed that other candidates were too compromised by their donors, but he had the financial independence to do the right thing. "We're going to negotiate like crazy," he said . The "crazy" part of that promise has held up, but the "negotiate" part has not. Trump is announcing his Medicare prescription drug plan today, and Robert Pear reports it will not include the promised negotiations. "We are not calling for Medicare negotiation in the way that Democrats have called for," an official says. Donald… Read full this story
- Trump Makes Good On Promise to Nix Trans-Pacific Partnership
- Trump gets pushback on promise of new Mexican tariffs
- The toothless global elite have surrendered to Trump’s slick ambassador
- Donald Trump’s Uniquely Dangerous Unilateralism
- Who Are Trump’s Top Supreme Court Contenders?
- More Proof That Trump's Anti-Immigrant Crusade Is as Self-Destructive as It Is Wrong
- Make no mistake: Uber and Lyft don't actually care why you're angry at Trump
- Trump Adviser Larry Kudlow Loses His Mind During Bizarre Canada-Bashing Rant
- Donald Trump Is Getting Played Like a Sucker by His Own Budget Guy
- A populist Peronist returns to power as VP in Argentina
Trump Has Now Broken Every One of His Economic Populist Promises have 320 words, post on nymag.com at May 11, 2018. This is cached page on Bach Thien. If you want remove this page, please contact us.