Yahoo Finance, July 18, 2019, 7:27am PDT
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The opioid crisis is drawing attention from all sides. Fed Chair Jerome Powell even mentioned it during recent testimony to the House Financial Services Committee, speaking to how it’s affected labor force participation.
Legislation to provide funding for drug abuse treatments has received bipartisan support, and the White House has taken its own course of action.
But is the Trump administration doing enough? Dr. Paul Christo, a Maryland-based pain management and opioid expert, isn’t so sure.
“I don’t think they are,” Christo said on Yahoo Finance’s The First Trade. “I think there is a lot of talk but I haven’t seen a lot of action yet. The epidemic is huge.”
He added: “Now in 2018, we may see fewer opioid-related deaths, and I hope we do, but I don’t really see them doing a lot in terms of policy changes. And what we’ve also seen is really a shift from prescription opioid overdoses to heroin and then now to a lot of overdoses related to illicit fentanyl use. I think we need more policy to address that aspect.”