Number of half-empty Chicago public schools doubles, yet lawmakers want to extend school closing moratorium – Wirepoints
April 19, 2024
17 Comments
A set of state lawmakers want to extend CPS’ current school closing moratorium to February 1, 2027 – the same year CPS is set to transition to a fully-elected school board. That means schools like Manley High School, with capacity for more than 1,000 students but enrollment of just 78, can’t be closed for anther three years. The school spends $45,000 per student, but just 2.4% of students read at grade level.
Hopefully, all media will get the message, in Illinois, too.
Ted joined Tom Miller of WJPF to talk about Illinois’ highest-in-the-nation property taxes, why lawmakers don’t want to touch the tax’s cost drivers, just how much Illinoisans’ tax burden has grown over the decades, why Gov. Pritzker failed to meet his promise to reform property taxes, and more.
The capping of $100 per vile for those who need insulin is good but does Illinois still pay full price? If they do the taxpayers will pay the difference. I doubt if Illinois made deals with the companies. There are 3 companies in the world that produce 90% of all insulin Eli Lilly-Novo Nordisk-and Sanofi. The manufacturing cost varies per vile from $2.28 to $6.16 but charges around $450. Even though insulin is off patent these companies can have other patents called “Evergreening” which gives them more than the original 20 years up to 37 years. It would be good… Read more »
The cost of insulin is high because it is a biologic rather than a chemical compound. There will never be a “generic” insulin only a biosimilar. Which means that the barriers to entry to make the biologic is much more expensive and also why there are few companies selling it. If it was so easy and inexpensive to make as you say then there would be a line of companies looking to get in on that action until it was no longer profitable to do so. If another company did want to come in they would need to perform all… Read more »
““If there are price caps that is going to restrict the amount of money that [drug companies] might be able to put into research and it might cause them to start going more outside of the United States for ingredients,” Castillo said.” This broker is a LIAR. The Big Three insulin makers are clearly colluding (price-fixing) and to suggest that they need to charge 10 time more today than they did a few years ago (or else innovation will end) is so egregious a lie that works fail to describe it. I worked in Big Pharma. The rationalizations for profiteering… Read more »
Big Phrama knows that Big Regulation is coming sooner rather than later and they are squeezing all the profits they can, while they can, before the music stops. Awful, of course, and the wrong course of action.