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News Release | WashPIRG | Health Care

Big Pharma's Pay-for-Delay Deals Take a Hit

Big Pharma’s controversial “pay-for-delay” agreements took a hit today. In FTC v. Actavis, the U.S. Supreme Court ruled that the FTC’s case against AndroGel's anti-competitive practices can move ahead in the lower courts. 

AndroGel offered payments to generic firms for not bringing their products to market. The court chose not to declare all such payoffs unlawful, spurring consumer advocates to call on Congress to finish the job. 

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News Release | WashPIRG | Higher Ed

Interest Rates for 104,863 Student Loan Borrowers in Washington Set to Double on July 1

Unless Congress acts, on July 1, the interest rate for 104,863 student loan borrowers in Washington will double from 3.4 percent to 6.8 percent. According to an issue brief released today by WashPIRG, the rate increase would hike the cost of Washington students’ loans by $96.4 million. That translates into a $919 increase in debt per student, per loan.

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Report | WashPIRG | Higher Ed

Student Loan Debt in Washington

Without a new plan from Congress, on July 1 the interest rate on subsidized Stafford student loans will double, from 3.4 percent to 6.8 percent.  A 2007 college affordability plan lowered the rate, but expired in 2012.  Last year, President Obama and Congress extended the low rate for one year.

In Washington, 104,863 federal student loan borrowers will be impacted if the rate doubles.

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Report | WashPIRG Foundation | Transportation

A New Direction

The Driving Boom—a six decade-long period of steady increases in per-capita driving in the United States—is over.

Americans drive fewer total miles today than we did eight years ago, and fewer per person than we did at the end of Bill Clinton’s first term. The unique combination of conditions that fueled the Driving Boom—from cheap gas prices to the rapid expansion of the workforce during the Baby Boom generation—no longer exists. Meanwhile, a new generation—the Millennials—is demanding a new American Dream less dependent on driving.

 

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News Release | WashPIRG | Tax

Offshore Tax Havens Cost Average Washington Taxpayer $1,091 a Year, Washington Small Business $3,616

With Tax Day approaching, it’s a good time to be reminded of where our tax dollars are going. WashPIRG released a new study which reveals that the average Washington taxpayer in 2012 would have to shoulder an extra $1,091 in taxes to make up for the revenue lost due to the use of offshore tax havens by corporations and wealthy individuals. 

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News Release | Tax

House Committee Approves Cut to Agriculture Subsidies

Statement of U.S. PIRG Public Health Advocate Elizabeth Hitchcock on the House Appropriations Committee’s vote to approve an amendment to the 2012 Agriculture appropriations bill  to limit agriculture subsidies called direct payments to farmers with adjusted gross incomes lower than $250,000.

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Media Hit | Food

OBESITY: Farm subsidies make unhealthy food cheap

Letter by Steve Breaux, Seattle

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News Release | WashPIRG | Financial Reform

Two Years After Passing the Credit CARD Act, Congress Steps Up Attacks on Consumer Cop Designed to Enforce It

“The Credit CARD Act of 2009 has eliminated numerous credit card tricks and traps without causing skyrocketing interest rates or any of the other horrible side-effects that the banks once warned about.  In spite of that success, the banks and their Congressional allies are now seeking to eliminate the CFPB, the new consumer cop created to enforce the CARD Act and protect consumers from other tricks of the trade, like deceptive mortgage practices and unfair overdraft fees.

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News Release | WashPIRG | Democracy

Governor to sign watered-down campaign finance legislation

Governor Gregoire today is expected to sign legislation that was originally intended to curb campaign finance abuses in Washington, although the bill presented to her contains significantly fewer limits on abuses than it started with.

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News Release | WashPIRG | Consumer Protection

Chemical Threat Persists in Food and Beverage Packaging

Fourteen of the largest public packaged food and beverage companies still use the toxic chemical bisphenol A (BPA) in their packaging despite studies linking the synthetic sex hormone to developmental problems, heart disease and diabetes, according to a new report by investors Green Century Capital Management (“Green Century”) and As You Sow. 

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