Free Markets Are for Suckers: Drug Makers Know the Money Is in Monopolies

By: Saturday February 26, 2011 6:30 am

Yesterday, Ezra Klein was talking about the relative profitability of different parts of the health care sector. Looking at the data, what stuck out to me wasn’t just how unbelievably profitable the major drug manufacturers were (with 23 percent net profit margins), but how dramatically more profitable they were than the rest of the health [...]

“Pay for Delay” to Stay: More Proof Congress Doesn’t Care About the Deficit

By: Monday December 13, 2010 3:49 pm

Our long-term deficit problem is due basically to the incredibly high cost of health care if we fixed that we won’t have a long term deficit problem. The reason our health care costs so much is that Congress allows providers to engage in practices that rip off the public and the government. A great example [...]

Jon Walker: What Obama Could Do Now

By: Tuesday October 19, 2010 10:34 am

Jobs creation is the top concern for Americans right now, and it is near criminal that we don’t have more members on the board of the Federal Reserve who are committed to fulfilling their mandate to increase employment. Ending the waste would be a massive step towards reduce our deficit. Drug re-importation, ending DADT and medical marijuana are supported by overwhelming majorities of Americans. The list above is not only smart policy, but also represent smart political moves that Obama is fully capable of taking.

Health Care Industry Reminds Democrats Mercenaries Are Only in It for the Money

By: Tuesday October 5, 2010 5:15 am

During the health care fight, the Obama administration would probably have benefited from having a military historian as an adviser. Even a cursory study of military history will show you the important role played for centuries by mercenaries—and it will show you their limitations. There are two critical things to keep in mind when thinking [...]

Reduce The Deficit By Expanding Medicare, Not Cutting It

By: Tuesday April 27, 2010 11:00 am

Pete G. Peterson will be bringing together a whole flock of like-minded so called deficit hawks to attend a “national fiscal summit.” Don’t be surprised when it turns into a push by a group of millionaires to cut Social Security and Medicare in the name of fiscal responsibility. But if as a nation we really [...]

PhRMA to Spend $6 Million on Final Push for Health Care Reform

By: Wednesday March 17, 2010 7:47 am

The brand name prescription drug lobby PhRMA has been holding back on further support for health care reform until they are sure the final reconciliation package is still to the liking of the drug industry. The announcement that PhRMA plans to drop $6 million in a final round of pro-reform ads is a good indication [...]

Remember When Democrats Promised to “Fix” Medicare Part D? Marion Berry (D-AR) Does

By: Monday March 15, 2010 8:56 am

Marion Berry (D-AR) is unlikely vote for the Senate health care bill in the House, but he has recently submitted is own, less comprehensive health care bill (PDF). Primarily, what it does is fix the problems with the Medicare Part D program created by former Republican Rep. Billy Tauzin, which Democrats have been promising to [...]

Democrats Who Once Railed Against Medicare Part D Now Insist Members Must Vote for Strikingly Similar Senate Health Care Bill

By: Monday March 15, 2010 7:12 am

One thing that has been eating away at me throughout this whole health care debate is the incredible hypocrisy and role reversal of both political parties compared to the Medicare Part D debate. The basic, highly corrupt design of the Senate health care bill is the same as the highly corrupt design as the Medicare [...]

Former Obama Aide David Cutler Ignores Proven Cost Control Ideas to Inflate Grade on President’s Health Care Plan

By: Wednesday March 10, 2010 5:20 am

It seems that President Obama’s former senior health-care adviser, David Cutler, is following in the proud tradition of Jonathan Gruber by conveniently ignoring potentially huge cost-saving ideas to make Obama’s health care proposal sound better than it really is. In a Wall Street Journal op-ed, David Cutler claims there have been 10 broad ideas offered [...]

Tom Harkin: Senate Democrats Will Use Reconciliation, But House Must First Pass Our Bill Unchanged

By: Wednesday March 3, 2010 1:20 pm

Politico is reporting that Tom Harkin (D-IA) said Senate Democrats have decided to use reconciliation to finish health care reform, but there is a big caveat for House Democrats. Sen. Tom Harkin told POLITICO that Senate Democratic leaders have decided to go the reconciliation route. The House, he said, will first pass the Senate bill [...]