Cutting drug prices by more than 100% would mean that Americans would get paid to acquire their medications rather than paying for them. And now the drug companies agree that I’m right. And we’re gonna be reducing drug costs over the next year, year and a half, by not 50 or 60% – by 1,000%. The White House responseAfter those comments on Fox, CNN asked the White House to explain Trump’s claims that drug prices are going to come down somewhere between 1,000% to 1,500%. But reducing the US price of this drug from $521 to $45 would be a 91% decrease, not a 1,000% cut.