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Bill Ackman Slams Subsidies For Contributing To $37 Trillion National Debt, Hails Trump's Drug Price Order
Monday, May 12, 2025 - 2:24am | 782Billionaire investor and the CEO of Pershing Square, Bill Ackman, flagged the contribution of various subsidies to the mounting U.S. debt and appreciated President Donald Trump for proposing an order to cut the drug prices, quoting his earlier suggestion. What Happened: In an X post, Ackman...
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Will The IRS Be Able To Enforce The Obamacare Mandate?
Monday, April 7, 2014 - 10:16am | 511Officially, Internal Revenue Service Commissioner John Koskinen said the organization was able and willing to enforce the insurance mandate under the Patient Protection and Affordable Care Act, but needs additional funding to better meet its obligations. The likelihood of that additional funding...
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Those Who Forget the Regulatory Successes of the Past…End Up Like Japan
Monday, August 23, 2010 - 12:24am | 969My first column showed why the theoclassical attack on regulation is the leading reason why we suffer recurrent, intensifying financial crises. This column explains why the attack on regulation impairs our recovery from these crises by contrasting two polar cases: the U.S. response to the S&L...
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Trade Panel Rules for U.S. Steelmakers in Landmark Case (X, NUE)
Wednesday, December 30, 2009 - 1:16pm | 106A U.S. trade panel gave final approval Wednesday to duties ranging from about 10 to 16 percent on Chinese-made steel pipe. The U.S. International Trade Commission ruled 6-0 in favor of the duties set by the U.S. Commerce Department to offset Chinese Government Subsidies. The duties will help...