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Press Release

FreedomWorks Foundation Statement in Response to the Trump Administration’s Executive Order on Prescription Drug Pricing

WASHINGTON, D.C. -- In response to an executive order issued by President Trump ordering price controls to be placed on prescription drugs in America, Adam Brandon, FreedomWorks President commented:

“We are immensely disappointed that the administration has decided to tout price controls as an answer to America’s rising prescription drug prices. Tying prices in the United States to those of nations which have implemented socialist price restrictions will only ensure that America inherits the wait times and shortages seen in those countries.

“In particular, the most favored nation provision would ensure that America becomes one of the least attractive places on earth to invest in pharmaceutical research and development. This will have profound consequences that will reverberate through the entire economy.

“We are encouraged that the administration has decided to delay implementation of this order for one month. We hope they will come to a better conclusion in that timeframe. We look forward to our activists making their voices heard on this issue and hope the administration will ultimately reconsider.”

2 comments
10/30/2021

I know this is old but you don't explain why. Why would America become the "least attractive places on earth to invest in pharmaceutical R&D?

Why are we held hostage to big pharma and what do you propose instead? I advocate for the elderly and can't figure this prescription problem out. AARP is expecting Biden to help but AARP has been infiltrated by the radicals like everything else.

Can you please explain to me exactly what the problem is and why it can't be fixed? "Over 10 million older adults live in poverty" and can't afford their meds but we can pay criminal illegals $450,000 for breaking our laws? Someone please explain this to me?

10/30/2021

I know this is old but you don't explain why. Why would America become the "least attractive places on earth to invest in pharmaceutical R&D?

Why are we held hostage to big pharma and what do you propose instead? I advocate for the elderly and can't figure this prescription problem out. AARP is expecting Biden to help but AARP has been infiltrated by the radicals like everything else.

Can you please explain to me exactly what the problem is and why it can't be fixed? "Over 10 million older adults live in poverty" and can't afford their meds but we can pay criminal illegals $450,000 for breaking our laws? Someone please explain this to me?

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