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President Bush has planned to speed the introduction of generic versions of brand name drugs.The bill was unanimously passed by the Senate Health committee on June 11th of this year.The induction of generic versions of these brand named drugs would add $1 million to the Food and Drug's Administrations wallet which will thus allow the hiring of more employees.
Generic drugs would be beneficial to patients and over the counter users because it will be much cheaper than its brand name counterparts. Much of the elderly community has complained about the high costs of brand-named drugs.Hence, the only ones who are woefully against Bush's proposal is the drug industry. This bill would penalize companies who make pacts with the makers of the brand-name drugs who try to slow the process of the introduction of its generic counterparts.
Bush's proposal is a response to the brand-named companies who are trying to obtain a patent or exclusive rights to the most high-selling drugs to the population.This aggressive tactic by the brand-name companies is also a response to some high-selling drugs losing its patent protection and many of the drug labs who manufacture these brand-named drugs are going through a dry spell.An even more scary thought for the brand-named companies is the statistic that the highest selling brand-named drugs who produce $1 billion in sales are expected to lose its patent protection by 005, according to the NDC Health, a company that provides health information to the masses.Sales of the brand named drugs will seriously plummet with the introduction of competing generic drugs, allowing not only hospitals but consumers, alternative options to choosing what kind/type of drug they are willing to purchase, with various price points to entice them.Generic drug makers need to take into account that if they were to ever
make a deal with the brand-named companies to delay the production of generi drugs, it would lose its right to produce that generic drug.
Custom Essays on President Bushay
Bush's Child Tax Cut
The White House is asking for a speedy resolution to the conflict over the child tax disputes for the low-income working individuals.There is a clash between Bush and his conservative party counterparts, especially one by the House majority leader, Rep. Tom Delay from Texas.He rejected the bill, which would have provided an increased child tax credit to around 6.5 low-income families.Delay cites that this tax-credit would only be approved if it were to be a part of a larger tax-cut bill--namely, the $8 billion bill that the House Republicans have revealed and will bring to the floor to discuss.This bill by the House Republicans came as a response that the projected deficit this year would exceed $400 billion, bringing it to the highest ever on record, according to the Congressional Budget Office.
The main reason for the speedy resolution of not only the resolution to this child tax cut bill but also to the prescription drug benefit to Medicare is to show that Bush's administration can pass bills in the face of partisan opposition.In doing so, strategists speculate that the Republicans hope to slow down, so to speak, the Democrats powerful campaign, heading to the 004 Presidential election.If Bush were to win the battle of the child tax cut bill, strategists say that it would nullify the Democrats attack on the Republican party--the one in which Republicans are said to be cold and heartless.Winning this bill would show that President Bush can be looked upon as being a compassionate conservative, one in which takes into account the situation of the masses and one who is willing to depart from the road of straight conservatism.Chairman of the Ways and Means Committee, Rep. Thomas, hopes that the child tax credit will become permanent so that others will not try to use this bill as a way to garner support in the next election and to show that low-income families are indeed, important.
U.S. Won't Allow Iran Nukes
President Bush announced for the first time on June 18th that the United States and its allies will not tolerate construction of a nuclear weapon in Iran because it has been cited that Iran has violated and evaded inspections by the world's nuclear watchdog agency.Also, Bush hopes to be working with Allies to help intercept Iran and North Korea's ships and aircraft, which are anticipated to have nuclear weapons.U.S. officials who have closely studied and watched Iran and North Korea's nuclear activities, believe that the two countries are producing plutonium based weapons.Furthermore, the CIA believes that enough plutonium has been produced for two nuclear weapons, dating back to about 10 years.Another nuclear threat also by North Korea, was admitted by the country itself in October.North Korea stated that they had a second program which produced rich uranium in the laboratory.This statement is also backed up by the International Atomic Agency who received tips from other intelligent agencies in the United States and around the world.Adding to Bush's anti-nukes in Iran, is the fact that both Iran and North Korea have accelerated their nuclear arms programs in just a few short months, reported by the U.S. intelligence officials.
Citing that Iran could become very dangerous, President Bush wants the international community to come together to hault the threat of nuclear arms because of the danger it would cause everyone if Iran were to continue making nuclear nukes.However, President Bush was not specific on how he would go about implementing this strategy.The worry is that if Iran were to change governments, the new government would just implement the continued making of nuclear weapons.
Bush's Campaign Money Machine
Referred to most Republicans as the Bush juggernaut, President Bush will begin to raise money for the 004 election, starting with various fund-raisers.Example of fund-raisers include an event in Washington which costs $,000 per person with other fund-raisers held in California, Florida and New York.President Bush's goal is to raise twice the amount he did when he ran and won in the 000 election--$00 million this time, over the time frame of 18 months.Although most individuals who run for election start extremely early, Bush has the team to surpass any competition because of its methodological methods and extremely careful planning and abundant amount of fundraisers to boot.
Bush's aides want him to appear to above the competition by looking like the real commander-in-chief--meaning, limiting the loud arenas of pep rally events and just limiting Bush to doing fund raisers.One big strategy for the Republicans is the large state of California. Notoriously won by democrats in many past elections and won by Al Gore in the 000 election, many of Bush's strategists know that he become reelected in 004 without winning California but they know that the Democrats can't win without it.The strategy is to force the Democrats to spend a lot of time and effort into winning the state of California in the next election, thus proving beneficial to the Republican party, who can then focus on other states which would help secure a republican in the next presidential election. A clear won majority of the popular vote would definitely solidify Bush's credibility in the presidential seat, especially after the scandal of 000 when he lost the popular vote to Al Gore.
Jason Bernaldo
800-1000
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