Photo: Flickr / wine me up
Barack Obama is on the hunt for stupid, unnecessary regulations that the government should get rid of, Politico’s Playbook reported Tuesday morning.I have a suggestion: kill the rule that is forcing everyone, including the government (and, by extension, taxpayers), to pay way more for life-saving asthma inhalers than we did 10 years ago.
In 2009, at the urging of the drug lobby, the EPA started banning asthma inhalers that run on ozone-depleting CFC aerosols. As a result, inhaler prices jumped from as little as $5 to as much as $60.
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.