Relevant and even prescient commentary on news, politics and the economy.

Planned Budget Cuts and Impact

Jim VandeHei and Mike Allen review Trumps budget cuts. The implication here is it is near impossible to achieve the dramatic cuts without imposing severe penalties on the US Citizenry, The attempt is to balance the budget so as intakes equal outtakes of funds. Except Trump does not want to fix his 2017 tax break. […]

Indirect costs and the business of biomedical research funding

Indirect costs on research grants represent charges to cover the administration of grant funds; heating, cooling, water, gas, fume hoods and other centralized infrastructure; building and grounds security; facility maintenance and custodial services. Historically, these have been negotiated every two years between each institution and the NIH depending on the proportion of infrastructure devoted to […]

The most beautiful word in the dictionary

Trump has said that “tariff” is the most beautiful word in the dictionary. Last Friday, he announced his intention to shine that beauty on the American people. “Outside analyses make clear that Trump’s tariffs would hurt the voters that he intended to help, meaning that he might ultimately need to find a resolution. “An analysis […]

The Trump economic fantasy agenda

“Trump claims his policies will do just that, creating a new “golden age” that will lift most boats and more than make up for what people might lose in government largesse. Low taxes will trigger blowout growth; tariffs on imports will bring back millions of good-paying manufacturing jobs; unshackled workers aided by artificial intelligence will […]

$2.5 Trillion in Cuts Proves GOP want to . . .

More on How the Republicans will have to cut in order to keep the TCJA. Perspective: “Nearly 60% of mandatory spending is for Medicare and Social Security,” noted one expert. “If they don’t touch those, they’d have to cut Medicaid to the bone.” Call for $2.5 Trillion in Cuts Proves GOP Wants to ‘Steal Our […]

Generic Drugs . . . a Growing Profit Center for Vertically Integrated PBMs

“Specialty Generic Drugs: A Growing Profit Center for Vertically Integrated Pharmacy Benefit Managers,” Federal Trade Commission A brief post or commentary on Pharmacy Benefit Managers (PBMs). For the Big 3 PBMs and their affiliated pharmacies during our study period from 2017 through part of 2022 specialty generic drugs represented a growing profit center. FTC analyses […]

Why Student Loan Cancellation Costs Taxpayers Nothing

– by Alan Collinge Medium The taxpayers have been repaid. A federally owned student loan, in fact, could be cancelled at little- or no actual cost to the taxpayers. Over the past two years, beltway defenders of the federal student loan program have overwhelmed the mainstream media with articles and essays nearly shrieking that student […]

Trump’s “External Revenue Service”

Kevin Drum has a post up at jabberwocking.com about Trump’s proposed “External Revenue Service.” This agency, which would duplicate the work currently done by Customs and Border Protection, would allegedly be responsible for collecting tariffs from exporting countries. Only that’s not how tariffs work—they’re collected from US importers, who in turn pass them on to […]

PFAs Impacting Americans’ Drinking Water

r.j. sigmund:Toxic PFAs impacting Americans’ drinking water via treated wastewater: Study — Nearly 7 percent of Americans may be exposed to hazardous levels of “forever chemicals” through treated municipal wastewater, a new study has found. These approximately 23 million people may be consuming these toxic compounds, also known as per- and polyfluoroalkyl substances (PFAS), in their […]