Pence group blasts Trump's drug pricing plan as 'socialist' in new ad campaign
FIRST ON FOX: A conservative group founded by ex-Vice President Mike Pence is taking aim at a key policy being used by President Donald Trump's White House.Advancing American Freedom (AAF)...
By Fox News · Fox News
FIRST ON FOX: A conservative group founded by ex-Vice President Mike Pence is taking aim at a key policy being used by President Donald Trump's White House. Advancing American Freedom (AAF) is rolling out a six-figure digital ad campaign Monday criticizing Most-Favored-Nation (MFN) drug pricing as "socialist price controls," according to AAF President Tim Chapman. The 30-second advertisement begins, "China is America's biggest economic competitor. They want, and often steal, what America has — our innovations, our manufacturing capabilities, our high-skilled, high-wage jobs." "If politicians in Washington start to place price controls on our most innovative products, like prescription drugs, we'll be handing over American jobs and life-saving research to China on a silver platter," the ad continued. WATCH: PARODY DRUG AD SPOTLIGHTS RFK’S CRACKDOWN ON MISLEADING PHARMACEUTICAL MARKETING It ended with a call to action: "Tell Congress to say ‘no’ to China by saying ‘no’ to MFN price controls ." And while pressuring the GOP majority on Capitol Hill is the campaign's main goal, it appears to be a response to Trump rolling out such a policy several times in recent months. Earlier this month, Trump unveiled agreements between the federal government and two top drug companies aimed at lowering the cost of popular weight-loss drugs like Ozempic and Wegovy, among others. TRUMP-ALIGNED LEGAL GROUP PROBES BIDEN-ERA ORGAN TRANSPLANT PROGRAM OVER ETHICAL CONCERNS The partnership with Eli Lilly & Co. and Novo Nordisk will make prices for drugs aimed at helping Americans with obesity, diabetes and heart disease fall by hundreds of dollars, Trump said. It would also lower prices for Medicare and Medicaid patients who rely on such drugs. A White House fact sheet said MFN drug pricing would also apply to "all new medicines that they bring to market." It's one of several similar announcements by Trump in recent months that are aimed at lowering the soaring costs of prescription dr…