Trump talks drug pricing, HIV progress in State of the Union
President Trump used his State of the Union speech last night to tout his administration's work on drug pricing, criticize a New York law legalizing abortions after 24 weeks for medical reasons, and call for progress on curbing HIV transmission. Here's the rundown:
- Drug prices: Trump claimed that "drug prices experienced their single largest decline in 46 years" in 2018, thanks to the administration's efforts. But he wasn't referring to list prices. He was citing a little-known measure called the consumer price index for drugs, which researchers have found diverges from other ways of estimating drug spending. He also called for drug makers, insurers, and hospitals to “disclose real prices to foster competition and bring costs down.”
- HIV: Trump also confirmed his administration will try to end the HIV epidemic in the U.S. within the next decade — but experts have warned that's a harder task than his pledge suggests. More on that here.
- Abortion: The president criticized a Virginia bill that would loosen some restrictions on abortions in the third trimester and a recently passed New York law that legalizes abortion after 24 weeks for medical reasons.
- Childhood cancer: Trump said he'll ask Congress for $500 million over the next 10 years to fund "critical, lifesaving research" on pediatric cancers.
For a look at what Democrats thought of Trump's remarks on drug prices, read this.
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