Tag Archives: debt ceiling

Simpson Bowles Keynote to Address Debt, Taxes, Government Services and Politics

Jim Greenwood

I was recently asked what the single biggest threat to the biotechnology industry is today.  My answer was immediate – the biggest threat to biotech innovation is the unsustainable mismatch of spending and revenue in the U.S. federal budget. The enormous national debt and the huge annual budget deficits that feed it endanger America’s entire economic future – but the nation’s dire fiscal situation is particularly threatening to our industry. Part of the reason for Read More >

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Biotech and the deficit: CNBC interview at the 2011 BIO International Convention

SnapShot

As budget talks aimed at raising the federal debt ceiling move to the presidential level this week, CNBC came to the 2011 BIO International Convention to interview BIO President and CEO Jim Greenwood about the role biotech can play in lowering the U.S. budget deficit. “There are 10,000 baby boomers entering Medicare every day. What if fewer of them were sick? What if fewer of them had cardiovascular disease and cancer and Alzheimer’s and diabetes?” Read More >

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