Trump Claims Credit For Bidens Insulin Prize Award

President Joe Biden and former President Donald Trump 2024.

Kevin Lamarque | Jay Paul | Reuters

Former President Donald Trump on Saturday acknowledged that the price of insulin is lower under President Joe Biden, but he still wants voters to give credit to his administration.

“The low price of insulin was taken for millions of Americans by me, and the Trump administration, not crooked Joe Biden. He had nothing to do with it,” Trump wrote in a post on Social Truth. “It was all done long before he so sadly took office. All he does is try to take credit for things done by others, in this case, ME!”

The comment comes as Trump lags behind Biden on health care, a top voter priority as the November election approaches.

For example, a May poll by KFF, a nonpartisan health policy research group, found that Biden had an 11-point lead over Trump on the issue of ensuring access to affordable health insurance.

Biden led on several other health care-related topics in the poll, although the candidates were relatively split on addressing high health care costs. The poll polled 1,479 US adults from April 23 to May 1 and the margin of error is +/- 3 percentage points.

The two candidates are expected to have their first face-to-face presidential debate on June 27.

The insulin price cap has become a central piece of evidence for Biden’s broader economic argument on the campaign trail against Trump.

Under the Inflation Reduction Act, Biden issued a series of provisions aimed at lowering the price of drugs for the elderly, including capping the price of insulin at $35 a month for Medicare recipients. The president has continued to push for a more universal insulin cap that would also cover young adults.

“Instead of paying $400 a month for insulin, seniors with diabetes only have to pay $35 a month!” Biden said in his State of the Union address in March. “And now I want to cap the cost of insulin at $35 a month for every American who needs it!”

The Democratic leader is trying to use lower insulin costs as evidence that they have helped lower consumer costs despite the stubbornly high levels of inflation that have loomed over the US economy’s post-pandemic recovery.

For Trump’s part, the former president signed an executive order in the final year of his administration to remove his $35 price cap on insulin. Biden later halted that policy when he took office as part of a larger freeze to allow his administration to review new regulations that would take effect.

But the memory of Trump-era health care policies still clouded some voters’ views of the GOP presidential nominee’s record. A CNBC All-America Economic poll released in December found Biden ahead of Trump by 19 points on health care.

Trump unsuccessfully spent most of his presidency trying to repeal the Obama-era Affordable Care Act without offering a viable health care alternative. The ACA provides roughly 45 million Americans with health insurance, according to a March estimate from the White House.

Trump has doubled down on a promise to replace Obamacare in the 2024 campaign, though he has yet to outline what that replacement would look like.

“I’m not running to end the ACA like crooked Joe Biden is saying all over the country,” Trump said in a video posted to his Truth Social account in April. “We’re going to make the ACA much better than it is now and much less expensive for you.”

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