Yesterday was tax day, serving as a special reminder of how big the federal government has become. As Heritage has warned before, Obamacare is on track to makes things a lot worse. The President’s health law will be partially paid for by tax increases and the creation of new taxes. When Obamacare first passed, the Joint Committee on Taxation estimated that its tax hikes would total $502 billion over the next 10 years. But most of the new, higher taxes don’t kick in until later in the decade, which means … More
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This year, Congress will have to reauthorize the Prescription Drug User Fee Act (PDUFA), which funds the Food and Drug Administration’s (FDA) drug approval process. As noted by Amanda Kronquist, a Heritage Health Policy Graduate Fellow, the FDA drug approval process has become “increasingly unpredictable, uncertain, and inefficient.” The House Energy and Commerce Subcommittee on Health held its first hearing this year on the topic yesterday. It heard from the FDA commissioner and others in the field on the PDUFA reauthorization and its effect on jobs, innovation, and patients. In … More
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