President Donald Trump is pushing to have the pharmaceutical industry help fund his tax cuts by requiring drugmakers to lower Medicaid drug prices, according to reporting by Bloomberg News.

Newsweek reached out to the White House by email on Friday afternoon for comment.

Trump targeted drug prices as part of his effort to bring down costs for Americans: He first signed an order that rescinded former President Joe Biden’s executive order that lowered the cost of prescription drugs, but last month signed a fresh order telling the Department of Health and Human Services (HHS) to take new steps to lower drug costs through competition and market forces rather than through presidential mandate.

So the bottom line is that thanks to King Donald’s meddling, we now have a net INCREASE in prescription costs to Medicaid patients.

Medicaid Update: Trump Pushes Republicans to Mandate Change

The proposal comes amid negotiations over how to cut hundreds of billions of dollars in spending to fund the GOP tax package.

https://www.msn.com/en-us/news/politics/medicaid-update-trump-pushes-republicans-to-mandate-change/ar-AA1E42uD