President Joe Biden will attempt to tell Americans that his administration has lowered medical costs, despite the newest inflation numbers from the Bureau of Labor statistics showing medical costs continuing to skyrocket.
Biden canceled former President Trump’s order that lowered costs for insulin, only to write another executive order doing exactly the same thing. Biden basically increased the cost of medicine for diabetics so he could claim to have lowered it.
The only person doing anything to lower prescription costs is Mark Cuban who is using a private-sector solution to remove pharmacy benefit managers (PBMs) from the cost chain thereby making medications cost less than even an insurance co-pay amount.
The president is scheduled to speak at 12:30 p.m. EST.