News Releases

News Release | WISPIRG | Democracy

WISPIRG Statement on Introduction of Wisconsin Citizens United Resolution

The first post-Citizens United major election in November 2012 confirmed our fears that the new campaign finance system allows well-heeled special interests and secret spenders to drown out the voices of ordinary citizens.  The people of Wisconsin deserve to have our say in whether this is the democracy we want. 
 

News Release | WISPIRG | Democracy

Money OUT, Voters IN Wisconsin stands with legislative leaders against Citizens United

The Money OUT, Voters IN Wisconsin coalition, comprised of 32 organizations committed to combating the influence of big special interest money in elections, joined State Representative Chris Taylor (D-Madison) today in Madison to announce the introduction of a resolution (LRB 1457/5) to place a referendum on the November, 2014, statewide ballot allowing the voters of Wisconsin to be heard on the issue of Citizens United. State Senator Dave Hansen (D-Green Bay) will introduce the resolution in the State Senate.
 

News Release | WISPIRG | Higher Ed

Student Loan Interest Rate Deal Will Make Things Worse

This deal locks in $184 billion of revenue from the federal loan program over the next ten years, in the form of high interest and fees that adds to student debt and makes education more expensive.  Then, it goes further by generating an additional $715 million in revenue off the backs of borrowers, to be steered toward deficit reduction. 
 

News Release | WISPIRG | Financial Reform

SENATE CONFIRMS CFPB DIRECTOR CORDRAY, “GOOD NEWS FOR CONSUMERS AND FIRMS THAT WANT TO PLAY FAIR”

The July 16, 2013 confirmation of Richard Cordray to head the CFPB for a full term is good news for consumers, and for firms that want to play fair in the financial marketplace. The CFPB was created to rein in the reckless Wall Street practices that blew up our economy almost five years ago. Big banks that rely on consumer tricks and schemes to make money have wanted to kill the CFPB ever since, and for good reason: The CFPB has been enforcing critical consumer protection laws, and already forced Capital One to return $140 million in unfair credit card fees to consumers.
 

News Release | WISPIRG | Health Care

Twenty Top Generic Drugs Delayed By Industry Payoffs

Wisconsinites with cancer, heart disease, epilepsy and other conditions have been forced to pay an average of 10 times more than necessary for at least 20 blockbuster drugs, according to a report released by the Wisconsin Public Interest Research Group (WISPIRG) and Community Catalyst. The report, “Top Twenty Pay-for-Delay Drugs: How Drug Industry Payoffs Delay Generics, Inflate Prices and Hurt Consumers,” reveals that these drugs were subject to an industry practice called “pay for delay,” in which brand name pharmaceutical companies pay off generic drug manufacturers to keep lower cost equivalents off the market, forcing consumers to pay higher brand-name drug prices.
 

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