A pharmacist checks the inventory. (Photo: Tyler Olson)
OPINION: Economist Noreena Hertz once said “We typically focus on anything that agrees with the outcome we want.” And certainly SB 790’s desired outcome – limiting any overprescription of more expensive drugs – seems to be what we – including myself – “want.” Unfortunately, the strict limits on “gifts” to providers from pharmaceutical manufacturers that it would impose seem a “solution in search of a problem.”
A computer-generated image of the proposed California bullet train. (Photo: High Speed Rail Authority)
Hundreds of millions of dollars from California’s auctions of carbon emission credits are being tapped to help finance the $68 billion bullet train project. In subsequent years, a fourth of the auction money will go to the train. The budget requires the governor’s signature to take effect.