Washington, D.C. — Today, The American Consumer Institute Center for Citizen Research (ACI), a non-profit consumer education and research organization, released a white paper, “How International Reference Pricing for Prescription Drugs Would Hurt American Consumers.” Recently, some lawmakers and other federal officials have promoted international reference pricing as a way to reduce drug costs for […]
To a coalition of groups, consisting of the American Consumer Institute, American Enterprise Institute, Tech Freedom, Lincoln Network, Competitive Enterprise Institute and R-Street Institute, filed a letter with the FCC today. The letter calls for using the secondary market to speed the allocation of C-Band spectrum — 3.7 to 4.2 GHz Band — in order […]
The following statement can be attributed to Steve Pociask, President of the American Consumer Institute, regarding today’s decision by the U.S Department of Transportation and Federal Railroad Administration to abandon an Obama-era proposal to force all railroads to operate with two people in the cab of a locomotive: “American Consumers won today with this ruling, […]
In this filing ACI commends the Consumer Financial Protection Bureau’s (CFPB) decision to rescind the specific provisions of the 2017 rule and thus preserve consumer choice and access to credit. As the CFPB thinks about re-evaluating the rules governing small-dollar loans, it should be mindful of the empirical evidence in this area and look to […]
Today, a coalition letter was sent to Congress expressing support for a proposal to eliminate the Office of Financial Research (OFR), a duplicative and opaque agency created from the Dodd-Frank Act. The letter can be viewed here.
In the latest financial report released by U.S. Postal Service for the second quarter of 2019, the agency reveals a clear continuation of its dire fiscal position as a result of destructive business practices. The new quarterly loss of $2.1 billion for the most recent three month period brings the Postal Service to a loss […]
A coalition of nonprofit think tanks sent a letter to FDA Commissioner Sharpless urging reforms to current regulatory regulations that are impeding market competition between drug makers. The letter states that increasing market competition is the best means for price reductions, which will lower medical program costs, taxpayer burdens, and out-of-pocket expenses for consumers, as […]
ACI joined a coalition of 30 other nonprofit organizations in asking Congress to stop the Federal Reserve’s proposal to operate a real time payments system (RTP), which would make the Federal Reserve both the regulator and a competitor of private sector financial entities. The letter was sent to Congress and is available online.
Today, groups representing consumers and taxpayers sent a letter to Congress in opposition to using foreign reference pricing to set drug prices in the U.S. The letter can be viewed here.
While the Highway Trust Fund is used to support highway infrastructure across the country, more than twenty-eight percent of these funds are currently diverted away from roads and bridges. This coalition letter from thirty-six groups calls on reforms to fix an outdated and misused funding mechanism, rather than simply increasing consumer taxes at the […]