Category: Politics

Trump Meets Big Pharma, Signs Executive Order Reducing Regulations, Regulatory Costs

10 Feb 2017 IAC Staff

On January 31st, President Donald Trump met with major pharmaceutical company executives, and signed an executive order on reducing regulation and controlling regulatory costs, the White House said in a press statement.

The president had a meeting with executives from Merck, Johnson & Johnson, Celgene, Amgen, Eli Lilly, and the PhRMA trade group. The meeting was also attended by Greg Walden, chairman of the House Committee on Energy and Commerce.

Trump praised pharmaceutical firms’ efforts to cut drugs prices. But he also insisted that there is more work to be done in the pricing area. The president promised to continue reducing the burdensome regulations that raise the cost of doing business in the United States.

The president signed the executive action, titled Reducing Regulation and Controlling Regulatory Cost, during the last week. The main purpose of this order is “to manage the costs associated with the governmental imposition of private expenditures required to comply with Federal regulations.”

“It is the policy of the executive branch to be prudent and financially responsible in the expenditure of funds, from both public and private sources. In addition,… it is essential to manage the costs associated with the governmental imposition of private expenditures required to comply with Federal regulations,” the order states.

The order outlined two key changes. First, it requires that, for every one new regulation issued, at least two prior regulations must be identified for elimination, and that the “cost of planned regulations is prudently managed and controlled through a budgeting process.” There will be a cap on the cost of new regulations. The total incremental cost of all new regulations, including eliminated regulations, to be finalized this year should be $0.

The order also requires the director of the Office of Management and Budget to provide the heads of agencies with guidance on implementing this policy change.

For the fiscal year 2018, and for each fiscal year thereafter, the head of each agency will identify, for each regulation that increases incremental cost, the offsetting regulations and provide the agency’s best approximation of the total costs or savings associated with each new regulation or repealed regulation.

Moreover, no regulations exceeding the agency’s total incremental cost allowance will be allowed in that fiscal year, unless required by law or approved in writing by the director. The total incremental cost allowance may allow an increase or require a reduction in total regulatory cost.

The order does not include regulations issued with respect to a military, national security, or foreign affairs function of the United States; regulations related to agency organization, management, or personnel; or any other category of regulations exempted by the Director of the Office of Management and Budget.

Protests at Berkeley Stop Conservative Speech from Milo

8 Feb 2017 IAC Staff

A talk by Milo Yiannopoulos scheduled on the 1st of February at UC Berkeley ended up in a protest by hundreds of students. A crowd of more than 1500 students gathered outside the UC Berkeley campus. Protesters were against Milo’s speech in UC Campus. They started breaking windows, throwing smoke bombs in campus and sparked bonfire outside the building. Due to safety concerns by the crowd gathered for the event, UC Berkeley canceled the event two hours before the event started.

Milo’s visit to UC Berkeley was sponsored by the campus Republican club. Mr. Yiannopoulos after the cancellation of an event told to Fox news, “obviously it’s a liberal campus so they hate any conservatives who dare to express an opinion on their campuses.” Further, Milo added, “They particularly don’t like me.”

Nicholas Dirks, UC Vice Chancellor gave his statement in Berkeley news, “What happened tonight was very unfortunate.”

Dirks added to his statement, “It was against the fundamental values of the university. We are and will remain in favor of free speech as essential to the educational mission and a vital component of the identity of the University of California.” For more information, see Berkeley’s statement here: http://news.berkeley.edu/2017/02/02/campus-condemns-violence-defends-free-speech/

Dan Moulof, the university spokesperson said, “They were a small group of Hijackers in black masks, who were breaking windows and throwing smoke bombs.”

Protest organizer Yvette Felarca described, “The actions of protestors were of self-defense. She said we have the right to save ourselves.”
She further added “Shutting down the Milo was necessary. And we can do anything to shut him down.”

Margo Bennet, Police chief UC Berkeley stated, “a small group of protestors started throwing smoke bombs and flares. These protestors were wearing black hooded sweatshirts.”

Bennet said “at some time they were unable to guarantee the security and canceled the event. The spokesperson was evacuated from the building”.

The protest prompted President Trump’s views on free speech. Mr. Trump wrote a tweet questioning the university on handling this incident. He also threatened to cut off school’s federal funds.

He tweeted “If U.C. Berkeley does not allow free speech and practices violence on innocent people with a different point of view – NO FEDERAL FUNDS?”

A spokesman for the Berkeley College Republicans, Pieter Sittler said, “The Republican club off campus does not support everything that Milo says.”

Pieter further added, “Milo gives voice to the repressed conservative thought on American colleges.”

Pranav Jandhyala, a student eyewitnesses the incident and said, “It’s horrible; it’s disgusting what’s going on. It’s one thing to protect someone’s right to come here and speak, but it’s another thing to create this much amount of destruction and violence.”

Colin Duke, another student said “I just came to see if I could get into the Milo event. I support free speech. And it just got canceled by a bunch of people in black clothes.”

President Trump’s Executive Order on Healthcare

25 Jan 2017 IAC Staff

Day one Donald J. Trump, the 45th President, signed his first executive order on January 20, 2017 to roll back certain aspects of the existing Affordable Care Act (ACA), popularly known as Obamacare, a national health care initiative. The executive order aims at ‘minimising the economic burden’ of the Obamacare law ‘pending its repeal’, which Mr. Trump vowed during his campaign trail.

The order says “It is the policy of my administration to seek the prompt repeal” of the law. The Trump administration is preparing to replace it with an effective plan that they say would allow ‘insurance for all’.

The order on the Affordable Care Act directs departments and agencies related to the healthcare and health insurance sector to ease the burden of Obamacare during the period of transition of its repeal and replacement.

The administration has said they are working at creating a freer and more open healthcare market in the country. To achieve the goal, they ordered federal departments and agencies to take actions consistent with law to reduce the unwarranted economic and regulatory burdens of the ACA and gives the states with more flexibility and control to his effect.

By signing the executive order on day one in the White House, Mr. Trump takes actions to dismantle the healthcare law that covers some 20 million Americans and was the signature healthcare program of his predecessor President Barack Obama.

Section 2 of the Executive order instructs the secretary of HHS (Health and Human Services) to “exercise all authority and discretion available to them to waive, defer, grant exemptions from, or delay” parts of the law that would place a fiscal or regulatory burden on states, individuals or health-care providers.

The President with his team decided to replace and repeal the Obamacare laws with new a new healthcare system that will allow patients to buy health insurance across state lines using health savings accounts and have interstate health insurance sales and high-risk pools at the state level to take care of people who have pre-existing conditions.

The executive order is not going to affect Medicare, the federal healthcare insurance program for older people at 65 years or above and people with disabilities. Considering the time it will take Republicans to fashion a replacement, the federal and state insurance exchanges are likely to function at least through 2018.

The Affordable Care Act marketplaces are still active before open enrollment ends Jan. 31 for 2017 coverage. Advocates for the ACA will be interested in seeing how many companies and individuals decide to take part this year and next.

The new administration says features found in Obamacare, like the provision that continues young adults’ coverage under their parents’ insurance, will not be affected.

For more information see the executive order here: “Executive Order Minimizing the Economic Burden of the Patient Protection and Affordable Care Act Pending Repeal” https://www.whitehouse.gov/the-press-office/2017/01/2/executive-order-minimizing-economic-burden-patient-protection-and