Trump will change law to require competitive bidding for government pharmaceutical contracts.
(NaturalNews) In a welcome announcement during a press conference today, President-elect Donald Trump announced a plan to shatter the monopolistic pricing of Big Pharma that has been draining literally trillions of dollars from the government for the past two decades.
“Pharma has a lot of lobbyists and a lot of power,” said Trump. “There’s very little bidding on drugs. We’re the largest drug buyer in the world, and we’re going to start bidding. We’re going to start saving billions of dollars on drugs.” (RELATED: See more coverage of President Trump at Trump.news)
Trump is referencing the fact that all the former Presidents in recent memory — Clinton, Bush and Obama — have maintained what can only be called a “monopoly pricing drug cartel” in the United States, where the U.S. government pays outrageously high prices for prescription medications purchased via Medicare, federal health coverage plans and VA Hospital operations…
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