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Another own-goal by Newsom, as he prepares for a presidential run in '28. First vetoing the anti-casteism bill, affordable housing bill, and now this, using weak justifications so as not to rock the boat.
This bill passing would not have prevented CA from making our own insulin, but it would have stopped companies from charging higher copays, and saved a lot of people a decent chunk of money each year until the CA insulin supply actually happens.
companies would bill insurance more, causing rates to go up. It was a bad bill, get over it.