The Numbers Don't Lie: Prescription Drug Prices Are Falling Under President Trump
For years, America's seniors were told that lower drug prices were impossible. They were told that Washington was too broken, that the best seniors could hope for was a government bureaucrat negotiating on their behalf, and paying whatever price was left over.
President Trump had a different answer. And today, the data proves he was right.
This week, the Bureau of Labor Statistics released the Consumer Price Index for July 2026. Buried in the numbers that the mainstream media will not lead with, is a story that every senior in America deserves to hear. Prescription drug prices have fallen 3.1% over the past year. That is the steepest year-over-year drop in prescription drug costs in more than six decades. Since before Medicare even existed.
This is the TrumpRx success story.
What the Data Actually Says
The BLS data released is unambiguous:
Prescription drug prices are down 3.1% year-over-year, the largest annual decline in over 60 years.
Prices fell 0.8% in July alone, continuing a streak of month-after-month relief at the pharmacy counter.
Drug prices have fallen every single month of 2026, January, February, March, April, May, June, and July. Seven straight months of declines.
The entire medical care commodities index, which covers everything from prescription drugs to medical equipment, is down 2.7% over the past year, its lowest level ever recorded.
Even over-the-counter drugs are down 1.7% year-over-year, meaning the savings extend across the entire pharmacy aisle.
Health insurance costs are down 8% year-over-year, compounding the relief for seniors on fixed incomes.
When Washington works, America's seniors get relief. The CPI numbers prove Washington is working because President Trump made it work.
How President Trump Made It Happen
President Trump came into office with a clear mission to lower prescription drug costs for American patients. TrumpRx is the President's direct deal with pharmaceutical manufacturers to bring popular weight-loss and diabetes medications to Medicare beneficiaries for just $50 a month, down from costs that routinely exceeded $1,300. At The Villages in May, President Trump looked America's seniors in the eye and announced that deal personally.
Even more, the One Big Beautiful Bill enshrined many commitments into law. President Trump delivered for seniors from price transparency to domestic pharmaceutical manufacturing, delivering on one of the most consequential senior healthcare agendas since the creation of Medicare itself.
For Seniors, This Is Personal
America's seniors are the people who built this country. They spent decades paying into a healthcare system on the promise that it would be there for them. And for too long, Washington kept breaking that promise. Those days are over.
Today's CPI data is confirmation that for the first time in a generation, the federal government is on the side of the patient, not the Washington bureaucrat.
Seven consecutive months of falling prescription drug prices. A 3.1% annual decline, the largest in 60 years. Health insurance costs are down 8%. Weight-loss drugs available to Medicare patients for $50 a month.
This is what it looks like when a President fights for seniors! TrumpRx is working. The numbers say so, and come November, America's seniors will remember.