Tuesday, July 28, 2020

Denied

A White House meeting with pharmaceutical executives that President Trump said would occur on Tuesday is now off, people familiar with the matter said.

  The Hill
Kind of like that throwing out the first pitch for the Yankees, eh?
Trump had announced during Friday's signing ceremony that there would be a meeting at the White House with industry executives on Tuesday, which he said would give drug companies a chance to propose an alternative to one of his executive orders. Drug companies, however, never publicly confirmed that they would attend the meeting.

[...]

The executive order in question would lower the prices Medicare pays for certain drugs by tying them to lower prices in other countries. Trump said Friday he would delay the order from going into effect until Aug. 25 to give companies time to propose an alternative. "We’re going to see them on Tuesday," Trump said last week. "We’ll see if we can do something here."

[...]

A pharmaceutical industry source said that "there was concern that this would not have been a productive meeting" and that companies are still discussing how to move forward after Trump signed a series of executive orders on Friday taking aim at drug prices.

[...]

Another issue cited by the pharmaceutical industry source was the fact that the White House has not released the text of the executive order in question.

"We don't even know what we're negotiating against," the source said.

The White House has declined to say when it will release the text.
What in the world?!
More broadly, there is a question as to when any executive order on drug prices would go into effect. Further steps in the regulatory process would likely have to play out, making it unclear when or even if any changes will take effect and lead to lower drug costs for consumers.

Democrats have dismissed the executive orders as election year stunts that have no real teeth.
No teeth? Not even a mouth.

He just says shit and expects people to either forget he said it or bust their asses making it happen after the fact.

...but hey, do what you want...you will anyway.

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