Speaking to reporters on Capitol Hill, President Trump was asked about concerns of Republicans about the GOP reconciliation budget bill.
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00:00Mr. President, you said, don't ask with Medicaid, apparently, you did say, in the room.
00:07There is some concern among some Republicans, including Senator Josh Hawley, that this could impact benefits and there could be an amount of hidden tax on the...
00:16I didn't say, here's what I said, here's what I said, here's what I said, I said waste, fraud, and abuse for Medicaid.
00:26If you find waste or fraud or abuse, we want to strengthen Medicaid, we want to strengthen Medicare.
00:34Waste, fraud, and abuse.
00:36The Democrats will let illegals be on, they'll destroy it, they won't be destroyed.
00:41They want to have illegal immigrants be on.
00:44And if you do that, because it wasn't designed for that, waste, fraud, and abuse.
00:49Can you guarantee that your voters, your supporters of the election, your working class voters, will not lose health insurance under this bill?
00:57Oh, they won't lose health insurance.
00:58Not only that, remember, I'm cutting drug prices by 85%.
01:03And right now, I'm saving it.
01:07I'm saving the whole thing, because I did something that nobody was willing to do.
01:10Other countries pay a tiny fraction what we do, and I instituted favorite nations.
01:17We're now going to pay the lowest in the world.
01:19We're going to be the equivalent of the lowest country in the world.
01:24People go to London, they go to Canada, they go to other countries, many other countries,
01:30because they want to buy their pharmaceutical products, their drugs, at a fraction of the cost.
01:36Now, we're going to have the lowest cost anywhere in the world, and nobody else would do that but me.
01:41And that might be an election by itself, might be election winning.
01:45Now, when you add that in, when you put that into Medicaid and Medicare, we've just strengthened Medicare and Medicaid.
01:51And the Democrats won't do that.
01:53You know why?
01:54Because they're taken care of by the drug companies.
01:56And the ones that are taken care of are hard-line.
01:59Some Republicans get money from drug companies, and that's okay, because they're okay with it.
02:05I talked about it.
02:07The drug companies take care of everybody.
02:09It's the biggest lobby, most powerful lobby in the world.
02:12There's no lobby like that.
02:14But the Republicans are okay with it.
02:16Not only okay with it, they love it.
02:18It was time.
02:19So we're going to cut drug prices by from 75 to 85, in some cases even more than that.
02:26You know, I was telling you the story that, and some of you were at that news conference,
02:29I gave a news conference where I was the first one in 18 years to cut drug costs for the year.
02:36And they were like a quarter of a point to half a point less.
02:39And I was very proud of them.
02:40Now I'm cutting them by 80, 85 percent because I stopped the scam.
02:47This was a scam between the middlemen and the drug companies.
02:51This was a giant scam.
02:52And by the way, and other countries, because other countries fought for this.
02:57This was a giant scam, and we're not going to have it.
03:00So remember this.
03:01Go back and tell your people, if you'd like to, that the Republican Party is cutting the
03:06cost of drugs by as much as 85 percent.
03:11Not 8 percent, not 5 percent, not 1 percent.
03:14Eighty-five percent.
03:15And you're going to have the lowest drug prices anywhere in the world because I'm doing
03:20favored nations, and it's all done.
03:23I signed it.
03:24And the Democrats will unsign it, and the drug prices are going to go up.
03:28And I think on that issue alone, you can't lose an election.