Activity

  • Trump’s new budget proposal of a 2-billion-dollar increase in the FDA User fees has its merits but can also be a drawback. One of the biggest merits of this change would be the increased benefits for the taxpayers. However, as is the case for most of Trump’s proposed legislation, there are no clear guidelines as to how this will work. Most of his plan is not made public and the bolts and nuts of this plan are not known. Despite this fact, if Trump can pass this budget proposal it would come as a relief for many. The downside to this bill is the burden that will be placed on the small businesses. Some businesses may not be able to pay these fee increases and could result in them being taken over by larger companies. This creates an adverse monopolizing affect. Some companies may even increase the prices of their devices to compensate for the fees.