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Play Ball! National Archives Celebrates Sports History with Exhibit All American: The Power of Sports
"Title IX of the Education Amendments Act of 1972 prohibits sex discrimination in education programs supported by federal dollars, including high school and collegiate athletic programs. The act dramatically increased the number of women playing sports. Although Title IX guaranteed equal opportunity, it did not guarantee equal spending. Women’s athletic budgets are still lower and scholarships less plentiful than men’s." more »
Bringing Inflation Down: Federal Reserve Vice Chair Lael Brainard At the Clearing House and Bank Policy Institute 2022 Annual Conference
"While the moderation in monthly inflation is welcome, it will be necessary to see several months of low monthly inflation readings to be confident that inflation is moving back down to 2 percent. How long it takes to move inflation back down to 2 percent will depend on a combination of continued easing in supply constraints, slower demand growth, and lower markups, against the backdrop of anchored expectations. With regard to supply constraints, a variety of indicators are showing signs of improvement on delivery times and supplies of some goods. In addition, labor force participation showed a welcome increase in the August employment data, particularly in the boost in participation among women in the core working years of 25 to 54 years of age." ' more »
FDA Finalizes Historic Rule Enabling Access to Over-the-Counter Hearing Aids for Millions of Americans More Affordable Hearing Aids Could Be in Stores as Soon as Mid-October
As of August 17, 2022, the U.S. Food and Drug Administration issued a final rule to improve access to hearing aids which may in turn lower costs for millions of Americans. This action establishes a new category of over-the-counter (OTC) hearing aids, enabling consumers with perceived mild to moderate hearing impairment to purchase hearing aids directly from stores or online retailers without the need for a medical exam, prescription or a fitting adjustment by an audiologist. The rule is expected to lower the cost of hearings aids, furthering the Biden-Harris Administration’s goal of expanding access to high-quality health care and lowering health care costs for the American public. It is designed to assure the safety and effectiveness of OTC hearing aids, while fostering innovation and competition in the hearing aid technology marketplace. more »
Senator Ron Wyden's Office: On Health Care, Inflation Reduction Act Includes the Culmination of Wyden’s Work On the Finance Committee to Address the High Cost of Prescription Drugs
“For too long, Medicare has been forced to contend with Big Pharma with one hand tied behind its back – that ends when this bill is signed into law,” said Wyden. “Ever since I became the top Democrat on the Finance Committee, I have been spotlighting how the drug pricing system is broken top to bottom. At last, the Senate has begun to redefine the relationship between Medicare and Big Pharma. That work began last Congress on a bipartisan basis, and virtually the entirety of the Finance Committee’s work two years ago is included in the Inflation Reduction Act. Democrats have taken the critical next step by lifting the curse that has prevented Medicare from negotiating lower prices." more »