Nobody's ever heard of that before, and that's the way it is. The big insurance companies lose and the people of our country win. This proposal locks in the massive discounts on prescription drugs that my administration is achieving through our Most Favored Nation drug pricing agreement. Now, when you hear about that, for 40 years they've been trying to do it, but they never were able to do it. No other president was able to do it. (00:41–00:52)
CLAIM
Asserts that the proposal locks in discounts on prescription drugs through the Most Favored Nation drug pricing agreement.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.