Days after he sent letters instructing top pharmaceutical manufacturers to use a “most favored nation” pricing model for prescription drugs, President Donald Trump told reporters Sunday that he had cut costs by up to 1,

"We've cut drug prices by 1,200, 1,300, 1,400, 1,500 percent. I don't mean 50 percent. I mean 14-, 1,500 percent," Trump said.

Little-known provisions in the Big Beautiful Bill lobbied by industry will cost Medicare billions in missed savings.