Trump Walked Away From a Deal to Lower Drug Prices Because the Industry Wouldn’t Send Gift Cards Before the Election to Boost His Standing Among Senior Voters

By Kristen Friend | August 8, 2024

The Trump administration negotiated a deal with the pharmaceutical industry that would have “addressed out-of-pocket consumer costs and covered the majority of the Medicare copayments that seniors pay for prescription drugs.” This would have actually been a big win for America’s senior citizens. But then, the Trump administration added a bizarre demand that gave PhRMA,…