The Republicans are looking to pass a single reconciliation bill that would push through a number of President Donald Trump's major policie

Presented by AARP{beacon} Health Care Health Care   The Big Story Medicaid disagreements put Trump agenda bill in peril GOP hard-liners insisting on changes to the Medicaid

President Trump will introduce a "most favored nation" plan aimed at cutting Medicare drug prices by linking them to the prices of medication abroad, sources told CBS News.

President Donald Trump is expected to sign an executive order soon to lower the cost of prescription drugs for Medicare beneficiaries. The order would implement a “most favored nation” policy, tying the prices of certain Medicare-covered drugs to those paid by other developed countries.

US President Donald Trump’s effort to reduce drug prices for Americans relies on a practice long employed in Europe: aligning costs with lower prices paid elsewhere. If he succeeds, the knock-on effect could hit Europe hard.