Commentary
Commentary
Moderna, Pfizer signal they plan to raise price of their shots
In defense of pandemic profits
The price of a COVID-19 shot will soon go up. The federal public health emergency ended this month, and the government will stop providing COVID vaccines to all Americans free of charge. Moderna and Pfizer have both signaled that they plan to raise the prices of their shots once the ...
Sally C. Pipes
May 21, 2023
California
Newsom wisely channels Jerry Brown on state budget
Gov. Gavin Newsom’s just released “May Revise” budget plan is generating criticism from a surprising source — legislative progressives. The Newsom administration projects that the shortfall has grown by $9.3 billion to $31.5 billion. Adding to the problem, California can’t count on a federal bailout and the national economy is ...
Wayne Winegarden
May 19, 2023
Commentary
Read the most recent update on the COVID public health emergency
Why is Medicaid still treating COVID-19 as a public health emergency?
The federal public health emergency for the COVID-19 pandemic came to an end Thursday, more than three years after it was first enacted in 2020. That comes on the heels of the World Health Organization’s declaration on May 5 that COVID-19 was no longer a global health emergency. And on ...
Sally C. Pipes
May 17, 2023
Commentary
Medicaid Work Requirements Address Laziness Head On
The spending cuts included in the bill House Republicans passed in late April to raise the debt ceiling have Democrats up in arms. But federal spending has soared. It’s now 5 percentage points higher as a share of GDP than the average since 1960. As House Speaker Kevin McCarthy quipped this week, “Is it ...
Sally C. Pipes
May 15, 2023
Commentary
New Green Mandate Would Increase Electricity Costs
The EPA’s California Dreamin’ would be a nightmare for the country
By Rea S. Hederman Jr. and Wayne Winegarden The U.S. Environmental Protection Agency has released new emissions rules for coal- and natural gas-fired powerplants. Again. The new rules target greenhouse gases and requires electric utility companies to cut emissions “by 90 percent — or shut down.” The Biden Administration, eager ...
Pacific Research Institute
May 15, 2023
Commentary
Read latest on drug pricing
The Continuing Danger From Progressive’s Faulty Excess Profit Allegations
Sen. Bernie Sanders (D-Vermont) and Rep. Alexandria Ocasio-Cortez (D-New York) continuously confirm Alexander Pope’s famous maxim about a little bit of knowledge. It truly is a dangerous thing, especially in the hands of politicians. During a May 11th meeting of the Senate Health, Education, Labor and Pensions (HELP) committee, Sen. ...
Wayne Winegarden
May 15, 2023
Commentary
Today's commentary on pharmaceutical benefit managers
Will Senate Hearing Expose PBMs’ Unscrupulous Drug Pricing Tactics?
Today , Sen. Bernie Sanders, I-Vt., will haul executives from three insulin manufacturers and three pharmacy benefit managers before the Senate Health, Education, Labor and Pensions Committee for a hearing on “the need to make insulin affordable for all Americans.” Sen. Sanders is sure to call the pharmaceutical executives — ...
Sally C. Pipes
May 10, 2023
Commentary
Thank the IRA for Cuts to Critical Drug Research
President Biden’s Inflation Reduction Act is just eight months old. It hasn’t yet slayed inflation. But it’s already gutting drug research and development. The law gives Medicare the power to impose price controls on certain prescription drugs for the first time. By September, federal officials will select the first 10 ...
Sally C. Pipes
May 9, 2023
Commentary
Small-Molecule Price Controls Are A Big Mistake
The Biden administration is in the midst of setting the terms for its program of price controls on prescription drugs dispensed through Medicare. The first 10 medicines subject to the price caps will be selected by the end of this year. That prospect is already chilling investment in drug research, particularly ...
Sally C. Pipes
May 8, 2023
Commentary
CA banking on offshore wind for energy goals
Gavin Newsom’s Carbon-Neutral Grid Plan Looks To Be Going The Way Of The Bullet Train To Nowhere
California’s planned transition to a carbon-neutral electricity grid by 2045 relies heavily on offshore wind power. It might take a miracle to get there. The growth of offshore wind will have to accelerate faster than a Tesla Model S, which goes from zero to 60 in less than two seconds. ...
Kerry Jackson
May 6, 2023
Moderna, Pfizer signal they plan to raise price of their shots
In defense of pandemic profits
The price of a COVID-19 shot will soon go up. The federal public health emergency ended this month, and the government will stop providing COVID vaccines to all Americans free of charge. Moderna and Pfizer have both signaled that they plan to raise the prices of their shots once the ...
Newsom wisely channels Jerry Brown on state budget
Gov. Gavin Newsom’s just released “May Revise” budget plan is generating criticism from a surprising source — legislative progressives. The Newsom administration projects that the shortfall has grown by $9.3 billion to $31.5 billion. Adding to the problem, California can’t count on a federal bailout and the national economy is ...
Read the most recent update on the COVID public health emergency
Why is Medicaid still treating COVID-19 as a public health emergency?
The federal public health emergency for the COVID-19 pandemic came to an end Thursday, more than three years after it was first enacted in 2020. That comes on the heels of the World Health Organization’s declaration on May 5 that COVID-19 was no longer a global health emergency. And on ...
Medicaid Work Requirements Address Laziness Head On
The spending cuts included in the bill House Republicans passed in late April to raise the debt ceiling have Democrats up in arms. But federal spending has soared. It’s now 5 percentage points higher as a share of GDP than the average since 1960. As House Speaker Kevin McCarthy quipped this week, “Is it ...
New Green Mandate Would Increase Electricity Costs
The EPA’s California Dreamin’ would be a nightmare for the country
By Rea S. Hederman Jr. and Wayne Winegarden The U.S. Environmental Protection Agency has released new emissions rules for coal- and natural gas-fired powerplants. Again. The new rules target greenhouse gases and requires electric utility companies to cut emissions “by 90 percent — or shut down.” The Biden Administration, eager ...
Read latest on drug pricing
The Continuing Danger From Progressive’s Faulty Excess Profit Allegations
Sen. Bernie Sanders (D-Vermont) and Rep. Alexandria Ocasio-Cortez (D-New York) continuously confirm Alexander Pope’s famous maxim about a little bit of knowledge. It truly is a dangerous thing, especially in the hands of politicians. During a May 11th meeting of the Senate Health, Education, Labor and Pensions (HELP) committee, Sen. ...
Today's commentary on pharmaceutical benefit managers
Will Senate Hearing Expose PBMs’ Unscrupulous Drug Pricing Tactics?
Today , Sen. Bernie Sanders, I-Vt., will haul executives from three insulin manufacturers and three pharmacy benefit managers before the Senate Health, Education, Labor and Pensions Committee for a hearing on “the need to make insulin affordable for all Americans.” Sen. Sanders is sure to call the pharmaceutical executives — ...
Thank the IRA for Cuts to Critical Drug Research
President Biden’s Inflation Reduction Act is just eight months old. It hasn’t yet slayed inflation. But it’s already gutting drug research and development. The law gives Medicare the power to impose price controls on certain prescription drugs for the first time. By September, federal officials will select the first 10 ...
Small-Molecule Price Controls Are A Big Mistake
The Biden administration is in the midst of setting the terms for its program of price controls on prescription drugs dispensed through Medicare. The first 10 medicines subject to the price caps will be selected by the end of this year. That prospect is already chilling investment in drug research, particularly ...
CA banking on offshore wind for energy goals
Gavin Newsom’s Carbon-Neutral Grid Plan Looks To Be Going The Way Of The Bullet Train To Nowhere
California’s planned transition to a carbon-neutral electricity grid by 2045 relies heavily on offshore wind power. It might take a miracle to get there. The growth of offshore wind will have to accelerate faster than a Tesla Model S, which goes from zero to 60 in less than two seconds. ...