Wayne Winegarden

Blog

Spending Watch

Backfilling Lost Federal Education Funding Will Cost California Dearly

Backfilling Lost Federal Education Funding Will Cost California Dearly Wayne Winegarden February 2025 The erratic actions of the Trump Administration are undoubtedly making it more difficult for states to budget for the upcoming 2026 fiscal year. The knee-jerk reaction from many California politicians is to call for more taxes on ...
Business & Economics

Tariffs Harm American Consumers, Manufacturers and the Economy, Warns New Study

SACRAMENTO – Recently enacted and proposed tariffs will have devastating consequences for American families, businesses, and the overall economy, according to a new study by the Pacific Research Institute. The report, authored by economist Dr. Wayne Winegarden, finds that tariffs will lead to higher consumer prices, increased manufacturing costs, and ...
Commentary

President Trump Unleashes a New Energy Future Benefiting Americans

On January 20, the U.S. Department of Energy ended the Biden Administration’s misguided pause on processing new Liquefied Natural Gas (LNG) export applications. This is great news. The Biden policy never made sense and unwisely inhibited efforts to export more LNG, particularly to our EU trading partners. Read the entire ...
Blog

Read about a last minute Biden administration plan the Trump administration should undo

CMS’ Drug Price Controls Have Expanded to the Next 15 Medicare Part D Drugs

For every complex problem there is an answer that is clear, simple, and wrong. H.L. Mencken Back in 2022, the Biden Administration reasoned that drug costs are too high and devised a clear and simple answer: incorporate a Maximum Fair Price (MFP) provision into the Inflation Reduction Act of 2022 ...
Biosimilars

The Biosimilar Promise

Reforms Can Improve Competition and Generate More Savings

Reforms Can Improve Competition and Generate More Savings By Wayne Winegarden  | January 7, 2025 READ PDF Executive Summary Reforms that will strengthen the biosimilar market and expand savings opportunities include: Reforming (ideally repealing) the Inflation Reduction Act’s price control measures. Improving the incentives underlying the current buy-and-bill system to ...
Blog

Grants Pass and Prop 36 Will Help Policymakers Control California’s Homeless Crisis

Between 2007 and 2014, homelessness declined faster in California than the rest of the country – an 18 percent total decline in California compared to a 9 percent total decline in the rest of the country. And then something happened in 2014. While the number of homeless in California began ...
Biosimilars

The Biosimilar Promise

Despite Achievements, Barriers That Discourage Biosimilar Use Remain

Despite Achievements, Barriers That Discourage Biosimilar Use Remain By Wayne Winegarden  | December 2, 2024 READ PDF Executive Summary The Inflation Reduction Act’s price controls discourage biosimilar development. Payment system inefficiencies, such as the buy-and-bill payment system and rebate walls, disincentivize the use of lower cost biosimilars. Despite the savings ...
Biosimilars

The Biosimilar Promise

Low-Cost Biosimilars Are Saving Billions, Potential Savings Are Even Greater

Low-Cost Biosimilars Are Saving Billions, Potential Savings Are Even Greater By Wayne Winegarden  | October 28, 2024 READ PDF Executive Summary Since 2019, biosimilars have obtained a majority share of most markets where they compete. The combination of lower prices (both biosimilar and originator) and rising market share could have ...
Commentary

Learn more about how price controls are driving physician shortages

Price Controls Are Harming Doctors

Whether its pharmaceuticals or health insurance, Vice President Kamala Harris appears to have only one healthcare policy – impose price controls. The untenable financial position of many doctors and private doctor practices due to tightening Medicare reimbursement rates exemplifies the folly of her preferred approach. As I document in a recent ...
Blog

Learn how drug price controls hurt patients, innovation

Senator Sanders’ Price Controls Will Harm Patients

In a patently politicized press release, Senator Bernie Sanders (I-VT) who is  Chairman of the Senate Health, Education, Labor, and Pensions (HELP) Committee, claims that the U.S. price of Ozempic is too high. As evidence, he cites generic companies that claim they can sell Ozempic for less than $100 a ...
Blog

Spending Watch

Backfilling Lost Federal Education Funding Will Cost California Dearly

Backfilling Lost Federal Education Funding Will Cost California Dearly Wayne Winegarden February 2025 The erratic actions of the Trump Administration are undoubtedly making it more difficult for states to budget for the upcoming 2026 fiscal year. The knee-jerk reaction from many California politicians is to call for more taxes on ...
Business & Economics

Tariffs Harm American Consumers, Manufacturers and the Economy, Warns New Study

SACRAMENTO – Recently enacted and proposed tariffs will have devastating consequences for American families, businesses, and the overall economy, according to a new study by the Pacific Research Institute. The report, authored by economist Dr. Wayne Winegarden, finds that tariffs will lead to higher consumer prices, increased manufacturing costs, and ...
Commentary

President Trump Unleashes a New Energy Future Benefiting Americans

On January 20, the U.S. Department of Energy ended the Biden Administration’s misguided pause on processing new Liquefied Natural Gas (LNG) export applications. This is great news. The Biden policy never made sense and unwisely inhibited efforts to export more LNG, particularly to our EU trading partners. Read the entire ...
Blog

Read about a last minute Biden administration plan the Trump administration should undo

CMS’ Drug Price Controls Have Expanded to the Next 15 Medicare Part D Drugs

For every complex problem there is an answer that is clear, simple, and wrong. H.L. Mencken Back in 2022, the Biden Administration reasoned that drug costs are too high and devised a clear and simple answer: incorporate a Maximum Fair Price (MFP) provision into the Inflation Reduction Act of 2022 ...
Biosimilars

The Biosimilar Promise

Reforms Can Improve Competition and Generate More Savings

Reforms Can Improve Competition and Generate More Savings By Wayne Winegarden  | January 7, 2025 READ PDF Executive Summary Reforms that will strengthen the biosimilar market and expand savings opportunities include: Reforming (ideally repealing) the Inflation Reduction Act’s price control measures. Improving the incentives underlying the current buy-and-bill system to ...
Blog

Grants Pass and Prop 36 Will Help Policymakers Control California’s Homeless Crisis

Between 2007 and 2014, homelessness declined faster in California than the rest of the country – an 18 percent total decline in California compared to a 9 percent total decline in the rest of the country. And then something happened in 2014. While the number of homeless in California began ...
Biosimilars

The Biosimilar Promise

Despite Achievements, Barriers That Discourage Biosimilar Use Remain

Despite Achievements, Barriers That Discourage Biosimilar Use Remain By Wayne Winegarden  | December 2, 2024 READ PDF Executive Summary The Inflation Reduction Act’s price controls discourage biosimilar development. Payment system inefficiencies, such as the buy-and-bill payment system and rebate walls, disincentivize the use of lower cost biosimilars. Despite the savings ...
Biosimilars

The Biosimilar Promise

Low-Cost Biosimilars Are Saving Billions, Potential Savings Are Even Greater

Low-Cost Biosimilars Are Saving Billions, Potential Savings Are Even Greater By Wayne Winegarden  | October 28, 2024 READ PDF Executive Summary Since 2019, biosimilars have obtained a majority share of most markets where they compete. The combination of lower prices (both biosimilar and originator) and rising market share could have ...
Commentary

Learn more about how price controls are driving physician shortages

Price Controls Are Harming Doctors

Whether its pharmaceuticals or health insurance, Vice President Kamala Harris appears to have only one healthcare policy – impose price controls. The untenable financial position of many doctors and private doctor practices due to tightening Medicare reimbursement rates exemplifies the folly of her preferred approach. As I document in a recent ...
Blog

Learn how drug price controls hurt patients, innovation

Senator Sanders’ Price Controls Will Harm Patients

In a patently politicized press release, Senator Bernie Sanders (I-VT) who is  Chairman of the Senate Health, Education, Labor, and Pensions (HELP) Committee, claims that the U.S. price of Ozempic is too high. As evidence, he cites generic companies that claim they can sell Ozempic for less than $100 a ...
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