President Donald Trump said Monday he “just called” Speaker Mike Johnson and Senate Majority Leader John Thune to inform them about the cost savings they could recoup for their party-line megabill — thanks to the president’s sprawling tariff regime and his “most favored nation” drug pricing executive order.
“You’re gonna have to, No. 1, score hundreds of millions of dollars of tariff money coming in,” Trump said, seemingly referring to a cost analysis by the Congressional Budget Office. “But even bigger than that, you’re gonna have to score that your costs for Medicaid and Medicare and just basically pharmaceuticals and drugs are coming down at a level nobody has ever seen before.”
Neither provision is included in draft legislation related to the package of tax cuts and extensions, border security investments, energy policy and more, and each would be unlikely to get the near-unanimous GOP support needed for passage.
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