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Medicare Should Leverage Buying Power To Pull Down Drug Prices, White House Says

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Medicare accounts for about 29 percent of all spending on prescription medicines in the U.S. each year.

A spokesman said Tuesday that President Trump does want Medicare to be able to directly negotiate prescription drug prices with drugmakers. Analysts disagree about how much difference that would make.

(Image credit: stevecoleimages/iStockphoto/Getty Images)


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