Thread by @AndrewFeinberg

NOW: ⁦@realDonaldTrump⁩ is talking about executive actions which purport to lower prescription drug prices.

I think what he's trying to say is that the order will require discounts to go to consumers (he says people) as opposed to "middlemen" (who are also presumably people)

Trump now touting bizarre "most favored nation" rule that sets drug prices based on prices negotiated by other countries' single-payer systems. The US can't negotiate because the legislation creating Medicare Part D specifically banned it.

Pretty sure @realDonaldTrump is talking about banning the business practice made infamous by "Pharma bro" Martin Shkreli, who is currently in a federal prison for fraud.

"I've been loyal to the special interests" —@realDonaldTrump

Trump says "I won" the campaign.

(unless he's talking about 2016, he's delusional. @JoeBiden won the 2020 election.)

Trump now repeating frequently-told lie about how it would take the FDA "four years" to develop a vaccine (the FDA does not develop vaccines).

He is also baselessly accusing pharmaceutical companies of delaying vaccine announcements to hurt his (failed) re-election campaign. Total bullshit.

The reason seniors need to import drugs from Canada is because the law prohibits Medicare/Medicaid from negotiating bulk purchases like EVERY OTHER SINGLE PAYER SYSTEM IN THE DEVELOPED WORLD.

Of the "big three," only Fox is carrying this live. FBN and CNBC have it in boxes, and the usual sycophant channels have it as well.

Trump says the policies will go into effect on January 1, 19 days before his term in office ends and @JoeBiden is sworn in.

.@SeemaCMS is talking about how Medicare is "powerless" to negotiate prices.

This is because Republicans specifically banned Medicare from negotiating when they passed Part D in the early 2000s.

Pathetic, @realDonaldTrump turns tail and takes no questions, just like @VP did yesterday. SAD!