News Releases

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.
 

News Release | WISPIRG | Financial Reform

WISCONSINITES TELL SENATOR JOHNSON TO STOP CODDLING PREDATORY LENDERS AND BLOCKING CONSUMER FINANCIAL PROTECTION

The Wisconsin Public Interest Research Group (WISPIRG) and Americans for Financial Reform (AFR) delivered to the office of Sen. Ron Johnson the signatures of 5,180 citizens of Wisconsin, who call on the Senate to confirm Richard Cordray to a full term as director of the Consumer Financial Protection Bureau. Under current Senate rules, 60 votes would be required to confirm the nomination but that favorable outcome for consumers is blocked by Senator Johnson and 42 other Senators who have pledged to oppose Cordray unless the CFPB is first weakened.
 

News Release | WISPIRG | Higher Ed

Interest Rates for 159,147 Student Loan Borrowers in Wisconsin Set to Double on July 1

Unless Congress acts, on July 1, the interest rate for 159,147 student loan borrowers in Wisconsin will double from 3.4 percent to 6.8 percent. According to an issue brief released today by WISPIRG, the rate increase would hike the cost of Wisconsin students’ loans by $145 million. That translates into a $915 increase in debt per student, per loan.
 

News Release | WISPIRG Foundation | Transportation

New Report Finds Expensive Highway Projects Might Be Unnecessary

A new report from the WISPIRG Foundation finds that usage of seven recently completed highways has not developed as projected, and questions whether building massive and costly new highways is the best way to spend Wisconsin’s scarce transportation resources. The report, Road Overkill: Wisconsin Spends Big on Questionable Highways Even as Driving Declines, also finds that Wisconsinites are driving less per capita today than we did in 1997, further raising doubts as to whether expensive new highways are the best investments for Wisconsin’s transportation future. 
 

News Release | WISPIRG Foundation | Transportation

New Report: Reduction in Driving Likely to Continue

As the average number of miles driven by Americans heads into its eighth year of decline, a new report from the WISPIRG Foundation finds that the slowdown in driving is likely to continue. Baby Boomers are moving out of the phase in their life when they do the most commuting, while driving-averse Millennials move into that phase. These demographic changes will likely keep driving down for decades, according to the report, “A New Direction: Our Changing Relationship with Driving and the Implications for America’s Future.”
 

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