Trump Makes False Claims About Drug Prices and Economy in State of the Union Address

During his State of the Union address, President Trump made multiple misleading and false claims about his administration's achievements. He falsely claimed Americans would "now pay the lowest price anywhere in the world for drugs," when in fact Americans still pay several times more than people in peer countries. Trump exaggerated drug price savings, claiming differences of "300, 400, 500, 600% and more" on his TrumpRx.gov website, which fact-checkers called "mathematical hyperbole." He also falsely claimed he inherited "a stagnant economy" with "inflation at record levels," when real GDP growth was 2.5% or higher under Biden. While Trump accurately stated more Americans are working than ever, he ignored population growth and the fact that job growth had slowed under his administration. Trump claimed inflation was "plummeting" when it had only eased to 2.4% year-over-year. FactCheck.org and multiple other fact-checking organizations documented these falsehoods.

"Americans who have for decades paid by far the highest prices of any nation anywhere in the world for prescription drugs, will now pay the lowest price anywhere in the world for drugs anywhere the lowest price." — Statement made during the 2026 State of the Union address regarding prescription drug prices and the TrumpRx.gov program, contradicting verifiable data showing Americans continue to pay significantly higher drug prices than peer nations.