Cum­mings: Trump of­fers a high-five on Medicare drug price ne­go­ti­a­tions, a fed­er­al for­mu­la­ry and im­ports

Rep. Eli­jah Cum­mings came out of a meet­ing with Pres­i­dent Trump on Wednes­day with a high-pow­ered en­dorse­ment on Medicare ne­go­ti­a­tions and an­oth­er chill­ing mes­sage to bio­phar­ma ex­ecs that their day of judg­ment is at hand.

Meet­ing with re­porters af­ter the sit-down, Cum­mings said that Trump had en­thu­si­as­ti­cal­ly backed their plan to re­peal the law that pre­vents the huge fed­er­al agency from bar­gain­ing over drug prices and wants to go even fur­ther than that on price ne­go­ti­a­tions as he de­liv­ers a large dose of pay­back pre­scribed by his base.

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