With no new law to curb drug costs, President Trump tries own changes

Posted at 6:49 PM, Jul 24, 2020
and last updated 2020-07-24 21:49:06-04

WASHINGTON (AP) — President Donald Trump has been unable to land the big deal he sought with Congress to curb drug costs.

But now he's moving on his own to allow imports of cheaper prescription medicines, along with other limited steps that could still have election-year appeal.

Friday at a White House ceremony, Trump signed four executive orders. In addition to importation, they are about paying lower international prices for some Medicare drugs, passing rebates directly to consumers, and making discounted insulin available to low-income people.

Democrats, including Joe Biden, are pushing a much more ambitious plan to empower Medicare to negotiate lower prices.