What’s the problem? In our quest to find a cure to COVID-19, we are learning the normal rules of supply and demand aren’t working. Americans—and the world—are desperate for a cure to this virus. And in order for that to happen, we need to develop a resilient medical supply chain here in the U.S. that can be the global leader for new therapies and medical cures—one that ...
This week, Ways and Means Republican Leader Kevin Brady (R-TX) and Chairman Richard E. Neal (D-MA) introduced the Securing a Strong Retirement Act of 2020. This legislation, among other things, will: Makes it easier for families to save now, ...
Lawrence B. Lindsey, a former Federal Reserve governor and presidential economic advisor, wrote in an op-ed for the Wall Street Journal about the economic boom created by President Trump and how, under his leadership, the labor market outperformed that of President Obama and Vice President ...
Business Formation Statistics ICYMI: A Rebirth of Entrepreneurialism Over 500,000 new high propensity business applications were made during the third quarter. High propensity business applications, year over year, grew by over 66%. The historical average yearly growth before 2020 Q3 is ...
On Tuesday, October 20, IRS Deputy Commissioner for Services and Enforcement Sunita Lough shared a blogpost showing that, despite misleading claims from Democrats, IRS audit rates are higher for wealthy taxpayers than lower-income workers. There are several important takeaways from her post, but Lough’s point is simple: “the reality is that the audit rate grows as income ...
Health and Human Services Secretary Alex Azar laid out in an op-ed for Fox Business how Operation Warp Speed (OWS) is utilizing the public and private sectors to deliver a vaccine to COVID-19 at record pace. Key Points: "It is now highly credible that OWS will have produced up to 100 million doses of safe and effective
Key Points: -The U.S. Surgeon General issued a challenge to providers to help fight our nation’s rising maternal mortality rate. -Providers should work to “address care for women with hypertension who are pregnant and/or postpartum” and “breastfeeding initiation and continuation disparities among breastfeeding mothers.” -The Administration also announced a new ...
Key Points: Economists are predicting that former Vice President Joe Biden's economic agenda would not lead to job growth due to tax hikes. “Biden’s proposals would overall discourage investment in the U.S. rather than the other way around,” one economist said. In addition to tax hikes, Mr. Biden has proposed a massive spending agenda with ...
Key points: 2021 Medicare Open Enrollment is officially open and will run through December 7, 2020. People with Medicare can review health and drug plans and make changes to their healthcare coverage for next year based on their financial and medical needs. People who want to keep their current Medicare coverage do not need to ...
Key Takeaway: Building on actions to bolster laboratory testing for COVID-19, the Trump Administration is making changes to Medicare payments made to laboratories in order to incentivize faster and more efficient diagnostic test results. Yesterday, CMS announced that, starting January 1, 2021, Medicare will pay $100 only to laboratories that are able to process high throughput ...