On the recordMay 12, 2025
Madam President, on drug pricing, a few hours ago, Donald Trump signed a new Executive order he claims will ``almost immediately'' bring down the costs of prescription drugs. Americans should hold their applause because Donald Trump's announcement is little more than a photo op masquerading at reform, just as he said he would bring down costs on day one, and it didn't happen--the same thing here. ``Almost immediately''? Give me a break. In case Donald Trump has forgotten, this announcement is like what he already tried to do in 2020, with little success. So Americans are right to be skeptical until they actually see their prescription drug costs go down more. Donald Trump can say he is doing an Executive order, but we all know the odds are overwhelming that that Executive order will fail. The real way to make drug price reform happen is to do what Democrats do and what Donald Trump is loath to do: Roll up your sleeves and do the hard work of passing legislation. That is what we did. That is why insulin is $35 for senior citizens. That is why 20 of the most widely used drugs' prices have plummeted, because we negotiated with Medicare. That is why no family pays more than $2,000 total for all their prescription drugs. We worked hard, we legislated, and we got prices down. Donald Trump does a photo op, says it is going to come down immediately, but, obviously, this is a half-baked political stunt that is unlikely to bring any meaningful change.…





