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PartialSocial Security, Medicare & Retirement

If we negotiated the price of drugs, Joe, we'd save $300 billion a year. We're the largest drug buyer in the world. We don't negotiate.

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PartialFact-checker reviewConfidence: 57%

Independently verified all sources as real and supporting. The 2016 promise (government should use its buying power to negotiate lower drug prices) has been partly realized but not to the promised extent. FIRST TERM: Trump did NOT enact or support direct Medicare negotiation -- his administration threatened to veto H.R. 3, the direct-negotiation bill (confirmed in the primary White House Statement of Administration Policy, Dec 2019), and his alternative Most Favored Nation international-reference-pricing rule (EO 13948 / Nov 2020 interim final rule) was blocked by federal courts and never took effect. SECOND TERM (2025): drug-price negotiation is genuinely occurring under his administration -- it administers the Medicare Drug Price Negotiation Program (KFF), embraces it publicly and secured price cuts on 15 medications (STAT News), and cut MFN deals with Eli Lilly and Novo Nordisk lowering GLP-1 drugs (Ozempic/Wegovy/Zepbound) to about $245/month via TrumpRx (CNBC/AJMC/NPR/White House fact sheet). Real, partial price reductions have landed, but savings fall vastly short of the claimed $300 billion/year, and the negotiation apparatus was largely inherited from a law (IRA) he initially opposed. PARTIAL is fair and nonpartisan-consistent: MISALIGNED is too harsh because he simultaneously pursued his own price-lowering leverage (MFN, TrumpRx), and CHAMPIONED/FULL overstate results given the first-term veto threat and the shortfall versus the promise. Confidence held moderate because the record genuinely straddles PARTIAL and CHAMPIONED.

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