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President Bush Supports Price Negotiations
By Greg Edwards
A recent article on Merrill Goozner’s blog GoozNewz points out that President Bush recently endorsed drug price negotiations. Many have thought the president to be staunchly opposed to letting Medicare negotiate its drug prices with prescription drug manufacturers.
In the president’s recent budget, he said:
"Allow Optional Managed Formulary: Allows States to use private sector management techniques to leverage greater discounts through negotiations with drug manufacturers.”
The president has been bombarded by critics that say his lack of support for drug price negotiations hurts the poor and working class citizens, while strengthening the large drug manufactures grip on the middle class Americans pocketbook.
Despite popular belief that the President is against drug price
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negotiations he made a recent press release that said, “What’s good enough for states should be good enough for the federal government – and for the millions of seniors and people with disabilities currently being overcharged for necessary drugs. If Medicaid can successfully negotiate for lower prices, Medicare should also be able to get beneficiaries a better deal.” Supporters of drug price negotiations have feared the day that their bill will be set on the president’s desk. The president has been very vocal that he did not support Pelosi’s recent proposal to let Medicare negotiate its prices, and would not hesitate to use his power to veto. Maybe, just maybe, we will see cheaper prices negotiated for Medicare. Visit this Consumer Advocacy website for more information on ordering from online with no prescription. Visit this Consumer Advocacy website for more information on ordering from online Mexican pharmacies. Article Source: http://articlecrazy.com Visit this Consumer Advocacy website for more information on ordering from online with no prescription.
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Xcel seeks max for renewable energy
Xcel Energy Inc. asked state regulators Monday to raise the amount of money it collects from customers to pay for renewable energy to the full 2 percent of the monthly bill allowed by state law. (XEL)
Dow climbs 270 points
The major Wall Street indices all closed up more than 3 percent Tuesday.
Ritter offers ideas for economic recovery
Money for roads and bridge projects, new natural gas pipelines and power transmission lines in Colorado would be the best investment to stimulate the state’s economy and create thousands of new jobs, Gov. Bill Ritter said Tuesday.
SEC names Hoerl regional director
Donald Hoerl will remain regional director of the Denver office of the Securities and Exchange Commission, but lose the “acting” part of his title.
Startups: 10 percent of state businesses
Startups accounted for nearly 10 percent of companies in Colorado in 2005, according to a first-ever look at business dynamics by the U.S. Census Bureau.
Anschutz-owned D.C. paper to close plant
The Washington Examiner, a free newspaper in the nation’s capital owned by Philip Anschutz’s Clarity Media Group, is closing its printing plant and will reduce staff by 101.
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Eleven named to Ritter?s small biz panel
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ProLogis closes $105.8M refinancing
ProLogis Inc. of Denver has closed on a $105.8 million refinancing of debt with a syndicate of four banks, the company said Monday. (PLD)
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