The LAO released a curious document this week. They’ve been doing a lot of thinking about Facebook. On the one hand, who doesn’t spend a lot of time thinking about Facebook? But they’re doing it during working hours, unlike all of you, no doubt. They’ve been wondering how much this week’s IPO means in revenue [...]
The United States Congress is currently debating a major piece of health care policy called the Prescription Drug and User Fee Act (PDUFA). While you may not have heard of PDUFA before, it has had a positive effect on patients and California businesses since 1992. The Campaign for Modern Medicines, a coalition organized by pharmaceutical companies, is working to support reauthorization of the Act by Congress this year. And while PDUFA has broad bipartisan support, there will be attempts to add on unnecessary elements that will reduce the effectiveness of the program.