America’s railroads provide cost-effective freight transportation for consumers and thousands of jobs for workers—all while generating a fraction of the emissions of its competitors. These benefits are the product of deregulation in the 1980s that slashed inefficiency and brought the railroads back from the brink of collapse.
However, a new report highlights how these public benefits are once again coming under pressure from proposed onerous regulations. History shows that price setting and regulatory meddling will eventually extinguish the benefits that rail transportation affords.
A growing number of states are looking to set up prescription drug affordability review boards to reel in soaring prescription drug prices. In most cases, the proposed boards would allow the states to set pricing caps for certain higher-cost drugs, as well as limit price increasing by drug makers. Yet, contrary to expectations, a new […]
In regard to FCC’s robocall blocking docket CG 17-59, the FCC’s Consumer Advisory Committee adopted a recommendation and filed it with the FCC. You read the recommendation here.
For much of the 20th century, federal regulators tightly controlled the railroad industry, including rail investment and prices. By the 1970s, several major carriers were on the verge of bankruptcy, and lawmakers, facing the prospect of costly bailouts, acted boldly and repealed onerous regulations, allowing market forces to re-energize the industry. In the 40+ years […]
The administration has requested a budget authorization to strip down the Food and Drug Administration Center for Tobacco Products. President Donald Trump, apparently, has the vision to create a new tobacco agency that isn’t an administrative monstrosity like the FDA. There’s no chance that the administration will get their request from Congress. No lawmaker in […]
As the e-cigarette “health outbreak” continues, some states believe the Federal Government hasn’t done enough and are now taking action into their own hands. Utah, for instance, recently introduced legislation looking to lower teen vaping by limiting flavors like menthol. Yet, recent research suggests that menthol is actually reducing, not increasing, smoking and that banning […]
Across the nation, people are fleeing states like Illinois and New York for greener pastures. In the last year alone, the Northeast lost around 300,000 people due to migration while the Southern states gained around a million residents. Apart from looking for a better climate, high taxes have caused many Americans to consider moving. Now, […]
Legal Theatrics and Florida’s Bad Faith Laws Florida’s “Bad Faith” laws applying to Insurance companies have created a shameful mockery of justice. Bad Faith laws were originally intended to make legal representation available to people with limited funds. There are two kinds of bad faith claims. Insured people may have a first-party bad faith claim […]
ACI joined 74 other groups urging Congress and the President not to adopt drug price controls. You can read the letter online.
Every quarter the United States Postal Service releases their financial statement, and every quarter it reveals grim losses that climb well into the hundreds of millions. For the first quarter of fiscal year 2020, the USPS has managed to hemorrhage $748 million in losses, an ominous sign as they limp into the new decade. The […]