A White House Council of Economic Advisors (CEA) report released this week found that drug prices fell by more than 11 percent under President Donald Trump.
A White House CEA report found that President Trump’s actions have reduced prescription drug prices. The CEA detailed that, under former President Barack Obama, drug prices continued to increase and only started to fall after Trump took the oath of office.
The CEA wrote that prescription drug prices fell more than 11 percent and well below general inflation.
“In 2018, prescription drug prices even declined in nominal terms over the calendar year for the first time since 1972,” the White House council wrote.
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