Press Release
Business & Economics
Well-Meaning Drug Discount Program Encourages Hospitals to Profit Rather than Effectively Serve Poor
A new study released today by the Pacific Research Institute finds that a program to give discounted prescription drugs to poor Americans is riddled with abuse, has created a perverse incentive for providers to profit instead of effectively serve the poor, and is hurting overall health care quality. Click here ...
Wayne Winegarden
December 13, 2017
Business & Economics
Foreign Experiments With Trickle-Down Tax Cuts: A Rare Proposition For A Robust Economy
By Jason Margolis “The Word”/Public Radio International In the late 1970s, Ireland’s economy was struggling. So they decided to cut business taxes dramatically while also increasing individual taxes including on the middle class. The idea was that stronger businesses would benefit everyone. It worked. “For the following 25 years, they had really rapid ...
Pacific Research Institute
December 12, 2017
Business & Economics
House And Senate Tax Plans Have Major Differences That Need to Be Reconciled
On Saturday, the Senate joined the House in passing its version of tax reform known as the Tax Cuts and Jobs Act. While the two versions are very similar, there are 18 major differences that still need to be discussed between the two chambers in conference committee before the measure ...
Ali Meyer
December 5, 2017
Health Care
Azar Pick Signals Regulatory Action on Obamacare
By Erin Durkin The next potential Health and Human Services secretary appears likely to emphasize administrative actions to dismantle Obamacare after congressional Republicans failed to repeal the law this year. Former Eli Lilly and Company executive Alex Azar—who was HHS deputy secretary in the George W. Bush administration— shares former ...
Pacific Research Institute
November 30, 2017
Health Care
California Shows its Obamacare Support by Outspending U.S. 4-to-1 on Ads
By Ana B. Ibarra and Carmen Heredia Rodriguez The marketing blitz is on. Californians are getting barraged with online pop-up ads, radio spots and television commercials, all aimed at persuading them to sign up for Affordable Care Act health plans during this year’s open-enrollment season. Covered California, the state’s Obamacare ...
Pacific Research Institute
November 21, 2017
Business & Economics
Lower mortgage interest tax break: “All-out assault” or glancing blow?
By Jeff Ostrowski If there’s one thing that’s certain to mobilize the nation’s largest trade group, it’s any talk of reining in tax breaks for homeowners with mortgages. House Republicans on Thursday passed a tax plan that caps at $500,000 the amount of debt eligible for the mortgage interest deduction. ...
Pacific Research Institute
November 15, 2017
Health Care
CBO: Repealing Obamacare’s Individual Mandate Would Reduce Deficit By $338 Billion
Repealing the Affordable Care Act’s individual mandate would reduce the federal deficit by $338 billion in the next decade, according to a projection from the Congressional Budget Office. The individual mandate requires that Americans purchase health insurance or pay a penalty to the Internal Revenue Service for not having coverage. A recent ...
Ali Meyer
November 10, 2017
Business & Economics
How the GOP Tax Plan Will Affect Small Business
The Tax Cuts and Jobs Act aims to spur economic growth across the United States by adjusting tax structures for small businesses and corporations. Though the bill is still being debated, amended and adjusted, if it passes, it may have serious implications for you and your business. It can be ...
Pacific Research Institute
November 9, 2017
Business & Economics
Analysis: House Tax Plan Would Create Nearly 1 Million New Jobs and Increase GDP By 3.9%
The Tax Cuts and Jobs Act, the new legislation introduced by the House last week, would create nearly one million new jobs and increase gross domestic product by 3.9 percent, according to an analysis from the nonpartisan Tax Foundation. The bill cuts the corporate tax rate from 35 percent to 20 percent; ...
Ali Meyer
November 8, 2017
Business & Economics
Killing the gasoline-powered car in California? That’s what one legislator wants by 2040
A clean energy advocate in the California Legislature wants internal combustion vehicles to sputter out of existence on the state’s roads and highways. “The cars that we drive today are based on technology that’s 100 years old,” said Assembly member Phil Ting, D-San Francisco. “It’s almost like we’re doing addition ...
Pacific Research Institute
October 31, 2017
Well-Meaning Drug Discount Program Encourages Hospitals to Profit Rather than Effectively Serve Poor
A new study released today by the Pacific Research Institute finds that a program to give discounted prescription drugs to poor Americans is riddled with abuse, has created a perverse incentive for providers to profit instead of effectively serve the poor, and is hurting overall health care quality. Click here ...
Foreign Experiments With Trickle-Down Tax Cuts: A Rare Proposition For A Robust Economy
By Jason Margolis “The Word”/Public Radio International In the late 1970s, Ireland’s economy was struggling. So they decided to cut business taxes dramatically while also increasing individual taxes including on the middle class. The idea was that stronger businesses would benefit everyone. It worked. “For the following 25 years, they had really rapid ...
House And Senate Tax Plans Have Major Differences That Need to Be Reconciled
On Saturday, the Senate joined the House in passing its version of tax reform known as the Tax Cuts and Jobs Act. While the two versions are very similar, there are 18 major differences that still need to be discussed between the two chambers in conference committee before the measure ...
Azar Pick Signals Regulatory Action on Obamacare
By Erin Durkin The next potential Health and Human Services secretary appears likely to emphasize administrative actions to dismantle Obamacare after congressional Republicans failed to repeal the law this year. Former Eli Lilly and Company executive Alex Azar—who was HHS deputy secretary in the George W. Bush administration— shares former ...
California Shows its Obamacare Support by Outspending U.S. 4-to-1 on Ads
By Ana B. Ibarra and Carmen Heredia Rodriguez The marketing blitz is on. Californians are getting barraged with online pop-up ads, radio spots and television commercials, all aimed at persuading them to sign up for Affordable Care Act health plans during this year’s open-enrollment season. Covered California, the state’s Obamacare ...
Lower mortgage interest tax break: “All-out assault” or glancing blow?
By Jeff Ostrowski If there’s one thing that’s certain to mobilize the nation’s largest trade group, it’s any talk of reining in tax breaks for homeowners with mortgages. House Republicans on Thursday passed a tax plan that caps at $500,000 the amount of debt eligible for the mortgage interest deduction. ...
CBO: Repealing Obamacare’s Individual Mandate Would Reduce Deficit By $338 Billion
Repealing the Affordable Care Act’s individual mandate would reduce the federal deficit by $338 billion in the next decade, according to a projection from the Congressional Budget Office. The individual mandate requires that Americans purchase health insurance or pay a penalty to the Internal Revenue Service for not having coverage. A recent ...
How the GOP Tax Plan Will Affect Small Business
The Tax Cuts and Jobs Act aims to spur economic growth across the United States by adjusting tax structures for small businesses and corporations. Though the bill is still being debated, amended and adjusted, if it passes, it may have serious implications for you and your business. It can be ...
Analysis: House Tax Plan Would Create Nearly 1 Million New Jobs and Increase GDP By 3.9%
The Tax Cuts and Jobs Act, the new legislation introduced by the House last week, would create nearly one million new jobs and increase gross domestic product by 3.9 percent, according to an analysis from the nonpartisan Tax Foundation. The bill cuts the corporate tax rate from 35 percent to 20 percent; ...
Killing the gasoline-powered car in California? That’s what one legislator wants by 2040
A clean energy advocate in the California Legislature wants internal combustion vehicles to sputter out of existence on the state’s roads and highways. “The cars that we drive today are based on technology that’s 100 years old,” said Assembly member Phil Ting, D-San Francisco. “It’s almost like we’re doing addition ...