Executive Order – I’ve Lost Count

Even when he tries to do something that could actually help the American people, Donald Trump still manages to act like a petulant child.

Today, he signed yet another “Executive Order” claiming it will slash prescription drug prices by 50%. There’s no plan—just a press stunt and a piece of paper with his signature scribbled in marker.

Instead of presenting this as a serious policy initiative, he had to unveil it with a chart labeled “Biden’s Bad Drug Price Deal”—because God forbid he act like the President of the United States, rather than a jackass with a grudge.

Let’s not forget: it was President Biden’s Inflation Reduction Act—also known as the lower-cost prescription drug law—that created the first-ever annual cap on out-of-pocket drug costs for Medicare recipients, capped insulin at $35/month, gave Medicare the power to negotiate drug prices, and expanded the ACA marketplace—leading to the lowest uninsured rate in history.

Of course, when Trump returned to the Oval Office in January, one of his first acts was to sign an EO reversing many of those same reforms: slashing protections for Medicaid enrollees, gutting ACA expansion efforts, and undermining cost reductions for Medicare and Medicaid recipients.

Thankfully—as with most of what he does—his executive order had little immediate impact on out-of-pocket costs for most Americans.

Thank God.