Sen. Bernie Sanders (I-VT) has announced that he will support President Donald Trump’s efforts to lower drug prices if he’s “serious” about the issue.
Sanders made the pledges in a press release in response to Trump’s executive order.
As Slay News reported, Trump has announced a major new executive order that slashes pharmaceutical companies’ prescription drug prices in America.
In an announcement Sunday evening, the president revealed that his order will dramatically reduce prices with immediate effect.
Trump signed the order on Monday morning before leaving for his Middle East trip.
Trump’s executive order aims to align U.S. prescription drug prices to match the lowest amount offered to other developed nations.
The plan will promote “direct-to-consumer” sales at these rates.
It will also prevent foreign countries from “freeloading” on American-funded pharmaceutical innovation.
“I agree with President Trump: It is an outrage that the American people pay, by far, the highest prices in the world for prescription drugs,” Sanders said in a press release.
“It is beyond unacceptable that we pay, in some cases, ten times more for the same exact prescription drugs than people in other major countries.
“But let’s be clear: The problem is not that the price of prescription drugs