Reducing Prescription Drug Costs Central to Administration Opening Bid on Medicare

By: Friday November 30, 2012 2:34 pm

Courtesy Think Progress, here’s a pretty good chart detailing the health program savings that were included in the White House’s opening bid on the fiscal slope. You can get this information from the White House’s FY2013 budget request. As you can see above, the plurality of the savings come from “Medicaid drug rebates for Part [...]

The Mysterious Economic Collapse in the Northeast, Cont’d

By: Monday October 22, 2012 12:20 pm

Brad Plumer picked up my story from last Friday about unemployment soaring in the Northeast. After pointing out the facts of the matter, he attempts to arrive at a conclusion. Politicians in New York and New Jersey simply question the data, which is kind of the last refuge of a scoundrel. Here are some of [...]

Medicare Advantage Example Yields Lessons for Both Parties

By: Monday August 27, 2012 8:21 am

The substance of the Medicare debate in the 2012 election is completely at odds with the realities. The Romney campaign hammers away at the $716 billion in “Medicare cuts” imposed by the Affordable Care Act, designed to blunt a traditional Democratic advantage on the topic, as it did in 2010. So far this has worked; [...]

Rare Judicial Rulings Go Against Corporate Power

By: Friday July 27, 2012 12:22 pm

A couple judicial rulings recently actually went against corporate America in favor of consumers and residents, in such a rare fashion that I feel compelled to report on it. First, in Pennsylvania a state appellate court delivered what may be one of the first rulings against expanded hydraulic fracturing in a state with plenty of [...]

Prescription Drug Reimportation Amendment Fails Again in Senate

By: Thursday May 24, 2012 1:50 pm

The Senate has spent the day on a must-pass FDA bill that reauthorizes a user fee from drug companies to finance FDA operations, in addition to making other changes to how the FDA deals with drug shortages. The bill is primed for passage in the House, so if it can get through the Senate without [...]

Biologic Market Slips as Biosimilars Come to the Fore

By: Tuesday December 20, 2011 8:55 am

During the health care debate, this website focused on the biologics provisions in the law. Because of the influence of biotechnology companies, lawmakers pushed for an exemption of 12 years for the expensive drugs, during which time no generics could enter the market. In the final negotiations that got lowered to 10 years. In some [...]

Bill Daley Relieved of the Chief of Staff Part of the Chief of Staff Job

By: Tuesday November 8, 2011 6:16 am

This is a new one. Chief of Staff Bill Daley is giving up day-to-day operations at the White House, with Pete Rouse taking over. I’m not sure there’s anything else to the job other than day-to-day operations; that’s kind of what a Chief of Staff does. On Monday, Mr. Daley turned over day-to-day management of [...]

Obama Executive Order Seeks Crackdown on Drug Shortages

By: Monday October 31, 2011 10:15 am

In the latest in a flurry of executive actions, the Obama Administration has directed the FDA and the Justice Department to reduce shortages in prescription drugs, a growing problem over the last decade. The order is being sold as part of the Administration’s “We Can’t Wait” campaign to push economic actions in the midst of [...]

Obama’s Medicare and Medicaid Cuts: Not Grave, But Also Not Trivial

By: Tuesday September 20, 2011 7:07 am

“Obama and the left back in sync,” Politico blares. “Plan Calms Democrats’ Concerns On and Off Hill,” Sam Stein writes. The latter is more correct. “Relief” would be a good word in reaction to a plan that easily could have included an increase in the Medicare eligibility age and a switch to chained CPI, a [...]

Bachmann Connects Perry/Merck Ties to “Crony Capitalism”

By: Tuesday September 13, 2011 11:40 am

Following a predictable pattern for this Republican Presidential primary, Rick Perry is taking a lot of heat from his colleagues for having the right policy on Gardasil, the vaccine for the human papilloma virus. Perry mandated the vaccinations for young girls to prevent cervical cancer. Eventually the state legislature overrode him. Social conservatives like Michele [...]

Obama Administration Plans Round of Trans-Pacific Free Trade Agreement Talks

By: Thursday September 1, 2011 6:50 am

Jon Huntsman’s economic plan should dispel any rumors of his moderation. It eliminates the Earned Income Tax and the child tax credit to pay for a reduction of the top marginal tax rate to 23%. I don’t think I need to go any further. It’s a reverse-Robin Hood special. And he’s barely scraping past 1% [...]

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