Tuesday, August 11, 2015
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By George Donnelly (@geodonnelly) with Keith Regan
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Here's what's up today
It's a presidential candidate kind of day. Sen. Rand Paul is speaking at St. Anselm College in Manchester, NH, 8 am, then goes on the radio (WGBH's Boston Public Radio) with Jim Braude and Margery Eagan at noon. Also at noon, Suffolk University Political Research Center releases results of a poll of the 2016 Iowa Republican presidential caucus. The poll will gauge potential Republican caucus-goers on their candidate preferences and their reaction to the Fox News Republican presidential primary debate last Thursday night....The Lawrence City Council debates the Trust Act Ordinance, which would prohibit the use of municipal resources to enforce federal immigration law, Lawrence City Hall, 200 Common St., Lawrence, 6:30 pm.
For a full schedule of political events, go to the State House News Service's daily schedule: http://statehousenews.com/schedule/tuesday
Drug price bill: Is innovation at risk?
Massachusetts Biotechnology Council president Bob Coughlin has his work cut out for him as a new bill designed to limit some drug prices is under consideration on Beacon Hill. The bill would compel drug companies to justify their prices by disclosing marketing, R&D, and production costs. It would be, of course, the kind of regulation the Boston region's booming biotech industry would vigorously hate. The legislative/regulatory effort is only natural, as consumers face growing drug prices and some treatments are sky-high, like Vertex's recently approved cystic fibrosis drug, priced at $259,000 per year, as the Globe's Rob Weissman reports today. But does the Legislature really want to regulate prices (and thus some of the incentive to innovate) in the largest, most prosperous and successful biotech cluster in the world? A law limiting prices will help some consumers, but doesn't account for the drugs that won't be created because the risk -- including failing FDA drug trials -- isn't worth the reward. Here's Weissman's story: http://bit.ly/1DHU7hS
Like, LA would seem to have no problem with making a financial guarantee
It is a study in contrasts: Boston convulses over the idea of a taxpayer guarantee for Olympic costs overruns; Los Angeles shrugs its shoulders. The Globe reports LA is close to getting the nod from the US Olympic Committee to be the candidate for the 2024 games. LA mayor Eric Garcetti is confident the Games would produce a profit, given the infrastructure already in place. http://bit.ly/1f4FnOl
Wynn on Walsh: 'The man is obviously irresponsible'
Casino mogul Steve Wynn unloads on Marty Walsh in Joan Vennochi's must-read column today. The money quote: "I've had enough of him. I can't negotiate with him. The man is obviously irresponsible." Wynn repeated his threat to sue Walsh for defamation relating to allegations the city has made in its suit challenging the awarding of the Everett casino license. As the Globe columnist makes clear, Wynn is aggrieved. http://bit.ly/1gvVtBN
Ballot petition mania
You're probably aware of some ballot petition efforts, such as legalizing marijuana and expanding charter schools. But there are many, many more, as MassLive's Shira Schoenberg reports. Citizens have submitted 35 ballot petitions to the AG's office, including on paid parental leave, preventing cruelty to farm animals, and eliminating the tax on tobacco products. As Schoenberg notes, only a small percentage of ballot proposals actually make it to the ballot. http://bit.ly/1JSGsG0
Lessig for president?
Harvard professor and campaign finance reform advocate Larry Lessig is considering a run for president, saying the influence of money in politics is the most important issue of our time. Of course, Lessig needs to raise a certain amount of money himself in order to run. Boston Magazine's Garrett Quinn has the scoop: http://bit.ly/1PiukOO
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