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Peter Klensch

Energy, Healthcare, PBM, PBMs, Pharmacy Benefits Manager, State Issues

Federal Mandate on Debt Collection Will Not Help Struggling Consumers

June 5, 2020 Peter Klensch

Any future coronavirus relief packages must not include a federal “fix” for utilities’ debt collection.  Doing so will only add to the intense economic pain with which customers and their families are already coping.

The Next Stimulus Bill Must Be Temporary and Targeted
Appropriations, Budget, Healthcare, Oversight, PBM, PBMs, Pharmacy Benefits Manager

The Next Stimulus Bill Must Be Temporary and Targeted

April 17, 2020 Peter Klensch

As conversations continue on how to best help Americans in the next round of funding, Congress must remember to keep a temporary mindset that is focused on combatting COVID-19.

New Fuel Standards Put Drivers’ Safety and Affordability First
Energy, Environment, Healthcare, PBM, PBMs, Pharmacy Benefits Manager

New Fuel Standards Put Drivers’ Safety and Affordability First

April 3, 2020 Peter Klensch

The SAFE Vehicle Rule will promote more affordable, cleaner, and safer cars for American drivers.

Appropriations, Budget, Oversight

CBO’s 2020 Economic Outlook Shows Trillion-Dollar Deficits Are Here To Stay

February 7, 2020 Peter Klensch

Unsurprisingly, the United States’ fiscal outlook remains dreadful.

Financial Services

Caps on Consumer Loans Hurt More Than They Help

February 6, 2020 Peter Klensch

H.R. 5050, the Veterans and Consumers Fair Credit Act, would extend the 36 percent usury annual percentage rate (APR) cap under the 2006 Military Lending Act (MLA) to all consumers, stifling credit access for those that need it most.

Healthcare, PBM, PBMs, Pharmacy Benefits Manager, Taxes

Congress can Prevent Taxpayers from Getting Hit with Health Insurance Tax

December 10, 2019 Peter Klensch

With only a couple weeks left on the 2019 legislative calendar and much of the air on Capitol Hill being consumed by impeachment, Congress is missing out on a painless bipartisan victory that could save taxpayers hundreds of dollars in health insurance premiums. The Health Insurance Tax (HIT), a product of the Affordable Care Act, […]

Oversight, Postal Service

USPS Ends Another Fiscal Year With Billion-Dollar Losses

November 15, 2019 Peter Klensch

There is no doubt that the USPS is facing a serious financial crisis.

The End to the Chicago Teacher Strike Underscores Pension Crisis
Budget, Education, Healthcare, PBM, PBMs, Pharmacy Benefits Manager, State Issues, Taxes

The End to the Chicago Teacher Strike Underscores Pension Crisis

November 7, 2019 Peter Klensch

While Windy City children can finally start heading back to school, the Chicago Teachers Union’s (CTU) 11-day strike resulted in no reform, to the detriment of students, taxpayers, and the fiscal health of the entire state of Illinois. With a median salary of $78,000, Chicago Public Schools (CPS) teachers make more than 60 percent of […]

Financial Services, Housing

FHFA Director Calabria is the Watchdog Taxpayers Deserve

October 16, 2019 Peter Klensch

Mark Calabria is moving FHFA in a new direction and making taxpayers his top priority. Under the apathetic five-year tenure of FHFA Director Mel Watt, the government sponsored enterprises (GSEs) pursued risky private-sector strategies and an expansionary agenda, abusing the comforts of government control and exposing taxpayers to the risk of another massive bailout.  Director […]

Healthcare, PBM, PBMs, Pharmacy Benefits Manager, State Issues, Taxes

D.C. Soda Tax Could Give Taxpayers A Nasty Toothache

October 12, 2019 Peter Klensch

The D.C. City Council could approve one of the highest soda taxes in the nation. On October 7, 2019, D.C. Councilmember Brianne Nadeau (D-Ward 1) introduced the Healthy Beverage Choices Act, which would place a 1.5 cent-per-ounce excise tax on sweetened beverages.  The tax would be the third highest in the country, after Seattle, Washington and […]

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