We are subsidizing the rest of the world. And the President looked at these European, the national health systems and said, why are they paying less? So the idea here is equalization over time. The US Consumer will pay and our health services will pay less and the Europeans have to pay more. They've been, they've been free riding in terms of the defense primes. Look, these are, these are no different than systemically important banks. They exist at the pleasure of the United States of America. (16:12–16:19)
CLAIM
Predicts a shift where US consumers and health services will pay less for drugs, while Europeans will pay more.
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.