By Will Portman Winston Churchill once said, “Americans can always be counted on to do the right thing… after they have exhausted all other possibilities.” House Budget Committee Chairman Paul Ryan (R-WI) cited the late British Prime Minister’s famous quote this week as he unveiled The Path to Prosperity, his budget for fiscal year 2013, arguing … Continue reading
As adulterated medications continue to pose a threat to the American health care system, the Partnership for Safe Medicines sponsored a Congressional hearing, last week, delving into the issues associated with unsafe and counterfeit pharmaceuticals. Using last year’s counterfeit Avastin scandal as an illustrative case study, the Partnership, with the support of Senator Michael Bennet, … Continue reading
From This Day Forth… “Today we will consider a rule that helps broaden market access and promotes competition in the swaps market,” proclaimed Chairman Gensler. Emphasizing one of the important goals of the Dodd-Frank Act is to prevent risks in the financial sector from affecting the overall American economy in a negative manner. The intent … Continue reading
THURSDAY, MARCH 22, 2012 ECONOMICS: Ryan budget passes committee by one vote http://thehill.com/blogs/on-the-money/budget/217503-ryan-budget-passes-committee-by-single-vote The House Budget Committee approved Chairman Paul Ryan’s 2013 budget resolution on Wednesday night by a close vote of 19 to 18. Two conservative Republicans voted against the Ryan plan, which cuts spending by $5.3 trillion over ten years, because it … Continue reading
WEDNESDAY, MARCH 21, 2012 ECONOMICS: EDITORIAL: The Careless House Budget http://www.nytimes.com/2012/03/21/opinion/the-careless-house-budget.html As he rolled out his 2013 budget on Tuesday, Paul Ryan, the House Budget Committee chairman, correctly said that he and his fellow Republicans were offering the country a choice of two very clear futures. The one he outlined in his plan could … Continue reading
Students increasingly take on massive amounts of debt to pay their high college tuitions. And they face diminished job opportunities upon competition of their degree. Just ask Danielle Jokela. Jokela, a resident of Chicago, spoke before a Senate judiciary subcommittee on her personal level of indebtedness (about $98,000 in outstanding student loan debt) and her … Continue reading
TUESDAY, MARCH 20, 2012 ECONOMICS: House GOP set to move on debt package http://www.politico.com/news/stories/0312/74209.html Trying to get their mojo back, House Republicans hope to move quickly this spring with a $261 billion deficit-reduction package to forestall automatic spending cuts next January that would fall heavily on defense. The full details won’t be released until … Continue reading
MONDAY, MARCH 19, 2012 ECONOMICS: GOP on budget: Bitten, but not shy http://www.politico.com/news/stories/0312/74158.html For the second year running, Republicans are betting big on the budget. Despite getting hammered by Democrats last year, the GOP is gambling that going big and bold on their fiscal blueprint — think major changes to Medicare and Medicaid — … Continue reading
As the debate over income equality in the US continues to build, economists and policy makers are focusing on the large amount of new and old studies that attempt to quantify the rising disparage of incomes. However, many of these studies and statistics can be misleading because they do not take several important factors into … Continue reading
On Wednesday, March 14, 2012, I attended a meeting with Susan Eisenhower, the granddaughter of President Eisenhower, at the Eisenhower Institute to talk about strategy and leadership in transitional times. After a brief history of her work in London and the Soviet Union, Ms. Eisenhower talked briefly about her worries for America. Based on what … Continue reading
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