{"id":2779,"date":"2018-06-25T17:51:00","date_gmt":"2018-06-25T17:51:00","guid":{"rendered":"http:\/\/democrats.org\/blog\/2018\/06\/25\/icymi-washington-post-wonkblog-in-may-trump-predicted-the-pharmaceutical-industry-would-cut-price\/"},"modified":"2018-06-25T17:51:00","modified_gmt":"2018-06-25T17:51:00","slug":"icymi-washington-post-wonkblog-in-may-trump-predicted-the-pharmaceutical-industry-would-cut-price","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/icymi-washington-post-wonkblog-in-may-trump-predicted-the-pharmaceutical-industry-would-cut-price\/","title":{"rendered":"ICYMI: Washington Post Wonkblog: In May, Trump predicted the pharmaceutical industry would cut price"},"content":{"rendered":"<p dir=\"ltr\"><span id=\"m_-2666107225853751215gmail-docs-internal-guid-fd168908-3808-eb4d-9069-d355409cd2e4\">**ICYMI**<\/span><\/p>\n<p>&nbsp;<\/p>\n<p dir=\"ltr\"><span id=\"m_-2666107225853751215gmail-docs-internal-guid-fd168908-3808-eb4d-9069-d355409cd2e4\">In May, Trump promised that drug companies would cut prices in two weeks. It hasn&rsquo;t happened yet, and the White House has no explanation. In fact, some drug prices have even <\/span><a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.washingtonpost.com\/news\/wonk\/wp\/2018\/06\/08\/two-weeks-after-trump-unveiled-plan-to-lower-drug-prices-two-cancer-drugs-got-a-1000-per-month-price-hike\/?utm_term%3D.3504b522bdd2&amp;source=gmail&amp;ust=1530035335099000&amp;usg=AFQjCNEYSY2-TTR9fGf8nP_TW250deqRdQ\" href=\"https:\/\/www.washingtonpost.com\/news\/wonk\/wp\/2018\/06\/08\/two-weeks-after-trump-unveiled-plan-to-lower-drug-prices-two-cancer-drugs-got-a-1000-per-month-price-hike\/?utm_term=.3504b522bdd2\" target=\"_blank\" rel=\"noopener noreferrer\">increased<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p dir=\"ltr\"><span id=\"m_-2666107225853751215gmail-docs-internal-guid-fd168908-3808-eb4d-9069-d355409cd2e4\"><a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.washingtonpost.com\/news\/wonk\/wp\/2018\/06\/25\/in-may-trump-predicted-the-pharmaceutical-industry-would-start-cutting-prices-in-two-weeks-its-been-three\/?utm_term%3D.21bc3a138401&amp;source=gmail&amp;ust=1530035335099000&amp;usg=AFQjCNGL888UCswvAMb9jpMGFDGkNjiT2Q\" href=\"https:\/\/www.washingtonpost.com\/news\/wonk\/wp\/2018\/06\/25\/in-may-trump-predicted-the-pharmaceutical-industry-would-start-cutting-prices-in-two-weeks-its-been-three\/?utm_term=.21bc3a138401\" target=\"_blank\" rel=\"noopener noreferrer\">Washington Post Wonkblog<\/a><\/span>: In May, Trump predicted the pharmaceutical industry would cut prices in two weeks. It hasn&rsquo;t happened yet.<\/p>\n<p>&nbsp;<\/p>\n<p dir=\"ltr\"><span id=\"m_-2666107225853751215gmail-docs-internal-guid-fd168908-3808-eb4d-9069-d355409cd2e4\">By Carolyn Y. Johnson<\/span><\/p>\n<p dir=\"ltr\">\n<span id=\"m_-2666107225853751215gmail-docs-internal-guid-fd168908-3808-eb4d-9069-d355409cd2e4\">President Trump said at the end of May that drug companies were about to make &ldquo;voluntary, massive drops in prices&rdquo; in two weeks.<\/span><\/p>\n<p>Two weeks later, Health and Human Services Secretary Alex Azar backed down from that timeline, testifying to Congress that drug companies &ldquo;want to execute substantial material reductions in their drug prices&rdquo; but were encountering hurdles.<\/p>\n<p>Nearly four weeks out, the White House will not explain why nothing has happened yet but continues to hint that news could be imminent. &ldquo;We&rsquo;re not going to get ahead of any forthcoming announcements,&rdquo; deputy White House press secretary Hogan Gidley said in an email last week.<\/p>\n<p>Drug companies &mdash; and insurers, pharmacy benefit managers (PBMs) that negotiate drug prices, drug distributors, patients and doctors&mdash; are working with the administration, a spokeswoman for the department of Health and Human Services said, &#8220;to respond to President Trump&#39;s call to action and help patients pay less for their prescription drugs.&#8221; But after more than a year of promises to lower drug prices, the silence following Trump&#39;s recent remarks suggest that the bully pulpit may not offer the swiftest solution to the problem of high drug prices. And it is increasingly clear that policy solutions &mdash; which will spark bitter fights between industries &mdash; will take longer than Trump has suggested.<\/p>\n<p>&nbsp;<\/p>\n<p dir=\"ltr\"><span id=\"m_-2666107225853751215gmail-docs-internal-guid-fd168908-3808-eb4d-9069-d355409cd2e4\">(<\/span><a data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.washingtonpost.com\/news\/wonk\/wp\/2018\/06\/25\/in-may-trump-predicted-the-pharmaceutical-industry-would-start-cutting-prices-in-two-weeks-its-been-three\/?utm_term%3D.22d39224d818&amp;source=gmail&amp;ust=1530035335100000&amp;usg=AFQjCNFzLXOP5dmdjQ6Qnk_772WmjfUf4Q\" href=\"https:\/\/www.washingtonpost.com\/news\/wonk\/wp\/2018\/06\/25\/in-may-trump-predicted-the-pharmaceutical-industry-would-start-cutting-prices-in-two-weeks-its-been-three\/?utm_term=.22d39224d818\" target=\"_blank\" rel=\"noopener noreferrer\">MORE<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>**ICYMI** &nbsp; In May, Trump promised that drug companies would cut prices in two weeks. It hasn&rsquo;t happened yet, and the White House has no explanation. In fact, some drug prices have even increased. &nbsp; Washington Post Wonkblog: In May, Trump predicted the pharmaceutical industry would cut prices in two weeks. It hasn&rsquo;t happened yet. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2779","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ICYMI: Washington Post Wonkblog: In May, Trump predicted the pharmaceutical industry would cut price - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/icymi-washington-post-wonkblog-in-may-trump-predicted-the-pharmaceutical-industry-would-cut-price\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-25T17:51:00+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/icymi-washington-post-wonkblog-in-may-trump-predicted-the-pharmaceutical-industry-would-cut-price\/\",\"url\":\"https:\/\/democrats.org\/news\/icymi-washington-post-wonkblog-in-may-trump-predicted-the-pharmaceutical-industry-would-cut-price\/\",\"name\":\"ICYMI: Washington Post Wonkblog: In May, Trump predicted the pharmaceutical industry would cut price - 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