Remarks and an Exchange With Reporters Upon Arrival From Marine Corps Base Quantico, Virginia

The President. So we're going to have a news conference in a little while having to do with the drug prices coming way down.

Do you hear that, Jennifer [Jennifer Jacobs, CBS News]?

So we're going to have drug prices coming way down. We'll be paying the same price as the lowest price for a country in Europe or anywhere else. In other words, we'll be at the lowest price, whereas we were, in many cases, 10 times higher.

And we're meeting with Pfizer. In a little while, we're going to have a news conference. It's a big thing. I think it's one of the biggest things that we'll do. We'll be reducing drug prices by 100 percent, 200 percent, in some cases 300 percent and more. And we have a news conference in a little while.

[At this point, several reporters began asking questions at once.]

Did you like my speech?

Potential Lapse in Federal Government Appropriations

Q. Sir, are you going to talk to Democrats again before the Government shuts down?

The President. Yes, I'll speak with—I'll be speaking with them.

[Several reporters spoke at once.]

I'll see you in a little while.