The Morning Rundown
We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.
We are in uncharted economic waters. From massive layoffs and spending cuts in Washington to looming tax increases in Annapolis, Maryland entrepreneurs face a range of risks to their businesses. The decisions we make in Annapolis are that much more important, including and especially on policy issues that impact our competitiveness.
In the grand sweep of American history, we have often been tempted to defer the difficult decisions of governance in favor of expediency or political convenience. Yet, there are moments when reality compels us to confront the unavoidable truths of our collective predicament. Such a moment is now upon us, and it concerns the solvency of our national budget. To speak plainly, the federal budget cannot be rendered solvent without the reformation of entitlement programs—Social Security, Medicare, and Medicaid. Without such reform, we are hurtling toward what can only be described as a fiscal death spiral, an inexorable trajectory toward insolvency.
Independent pharmacies across Maryland are singularly focused on one urgent priority: pharmacy benefit manager (PBM) reform. As Congress considers the future of healthcare policy, the opportunity to take meaningful action on PBMs is here—and it must not be missed. For too long, these corporate middlemen have driven up drug costs, squeezed local pharmacies to the point where many have gone out of business, and limited patient access to affordable medications. As an independent pharmacy owner in Maryland and the CEO of EPIC Rx, I have seen first-hand the detrimental effect on our communities.
Maryland, as presently governed, finds itself on the precipice of fiscal calamity, a condition made manifest by a burgeoning structural deficit that threatens to become one of the most severe financial crises the state has faced in decades. With a staggering $5.9 billion shortfall projected by fiscal 2030, it is not merely advisable but imperative that Governor Wes Moore assume the mantle of reformer, lest Maryland sink further into the quicksand of fiscal irresponsibility.
America’s seniors are getting a new tool in the war on cancer: a new blood test to detect colorectal cancer received full Medicare coverage the same week as its FDA approval. It is a boon to patients, and a validation of the work that U.S. Sen. Ben Cardin (D-MD) continues to champion after almost 30 years.
A small milestone passed recently in Baltimore County. Hopefully, at least for most families, it went unnoticed. As of now, any driver who fails to stop for a stopped school bus in the county that has activated its flashing lights will be issued a $250 ticket. Well, at least in most instances. Prior to the start of the school year, automated cameras were installed on 80% of the vehicles in the Baltimore County Public Schools fleet.
Every month, families across Maryland brace themselves for the familiar frustration of paying their electric and gas bills. Over the last few years, these bills have climbed significantly, often outpacing inflation. Meanwhile, utility companies have led consumers to believe their hard-earned money is needed to make the electric grid more reliable and robust.
The election of a woman president would have been the final infiltration, the last incursion into the tribal-magic male inner circle. You could call it a busting of the hardest glass ceiling. You could call it the ultimate wresting of control of the clicker, the thermostat and the wheel. Of course, one pantsuit in the Oval Office would hardly have been compensation for the whole imbalance, every crummy dollar-and-cents difference, or sexist exclusion.
We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.