Ohio’s AG Yost Tells OptumRx ‘We’ll See You in Court’ for Overbilling the State’s Bureau of Workers Compensation Millions

Attorney General Dave Yost announced Monday he amended his lawsuit filed against pharmacy benefit manager (PBM) OptumRx, claiming the PBM excessively charged the Ohio Bureau of Workers Compensation for generic drugs. The overcharge totaled nearly $16 million. It is now “significantly more.”

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President Trump and Prime Minister Morrison Celebrate ‘Promises Made, Promises Kept’ in Wapakoneta

Two countries played a key role in the building of the new Pratt Industries plant in Wapakoneta – Australia and the United States. Australian Prime Minister Scott Morrison and President Donald J. Trump, visited that new plant on Sunday. The opening of the recycled paper and cardboard plant represents, “Promises made, promises kept,” on the part of President Trump and Pratt Industries, which is owned by Aussie billionaire Anthony Pratt.

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Ohio’s Future Foundation Pushes Pro-Business Policies to Help All Residents Prosper

  YOUNGSTOWN, Ohio – Former Congressman Jim Renacci and Ohio’s Future Foundation (OHFF) were hosted by the Mahoning County Republican Party Tuesday evening.  The GOP group held a social for OHFF in their meeting room in Youngstown. Rick Barron, the Mahoning County Leader, announced that, ‘Tom (Weyand – OHFF’s Outreach…

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U.S. Constitution Does Not Guarantee That You Can Always Pay With Cash

In its Article I, Section 8, Clause 5, the United States Constitution provides:  “The Congress shall have Power…To coin Money, [and] regulate the Value thereof….” And since the Constitution’s drafting in the year 1787, cash has played a vital role in the nation’s economy as the generally-accepted medium of exchange. …

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The Fed Lifts Rates for Third Time in 2018 and One More Raise Is Expected

The Federal Reserve on Wednesday raised a key interest rate for the third time this year in response to a strong U.S. economy and signaled that it expected to maintain a pace of gradual rate hikes. The Fed lifted its short-term rate — a benchmark for many consumer and business…

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Amazon: The World’s Most Dangerous Crony Capitalist

by Rick Manning   The bedrock of American commerce – and of the broader capitalist experiment – has always been competition.  If you can build a better mousetrap, invent a longer-lasting light bulb or more efficiently churn out widgets (or in this case, clichés), odds are your endeavor will encounter success. It doesn’t…

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Phil Bredesen Making Millions Offering ‘Low-Cost’ Solar Deals, But Is He Being Totally Honest?

Bredesen Solar Ranch

Democrat former Tennessee Gov. and current U.S. Senate candidate Phil Bredesen is raking in millions of dollars off of deals involving his Silicon Ranch Corp. by pitching solar projects that appear on paper to offer a cheaper alternative to coal. But under closer examination, the Silicon Ranch numbers are skewed…

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SEC Transaction Fee Pilot Program Could Save Big Money for Small Investors, Pensioners

SEC building

By Robert Romano   In March, the Securities and Exchange Commission (SEC) proposed a new transaction fee pilot that would “subject stock exchange transaction fee pricing, including ‘maker-taker’ fee-and-rebate pricing models, to new temporary pricing restrictions across three test groups, and require the exchanges to prepare and publicly post data,” according to the…

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Wisconsin and New Jersey are Among the States Looking To Copy Minnesota Model Of Using Federal Funds To Lower Insurance Premiums

Minnesota capitol

by Evie Fordham   Several states including Wisconsin and New Jersey are seeking to copy Minnesota’s model of federal reinsurance program funding that contributed to a 13-percent drop in premium rates in the state from 2017 to 2018. The Minnesota legislature adopted the program, which uses mostly federal funds to…

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Contrary to Nervous Nellie ‘Economic Experts,’ the Trump Economy is Booming with Elevated Aluminum and Steel Prices

Donald Trump

By Robert Romano   One of the conventional wisdoms to do with the tariffs and duties levied by the Trump administration on steel, aluminum and lumber is that they will lead to higher prices and inflation, hurting producers and consumers, thus stunting economic growth. For example, billionaire Charles Koch warned on July…

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