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American Drug Companies' Political InfluencePharmaceutical Companies and USA Healthcare Reform
Fresh from their victories over reform of Medicare Part D, the major drug companies are using proven tactics, on the US Congress, that were so successful - Lobbyists!
Along with their cousins, Wall Street’s financial institutions, America’s drug companies are maximizing the benefits of Capital Hill’s revolving door policy of politicians becoming pharmaceutical lobbyists. These companies are the latest in a series of special interest groups bombarding the United States Congress with an army of professional lobbyists. Hat in hand for legislative requests, these lobbyists have taken the art to new heights. Successfully stifling Medicare drug reform they turn their former legislators, staffers and aids loose in the halls of Congress. The Revolving DoorCBS News reporter Sharyl Attkisson said on October 20, 2009, “The pharmaceutical industry is putting its army of lobbyists into overdrive… There are 3,000 registered health care lobbyists on Capitol Hill…And in many cases, those lobbyists are former members of Congress who shaped laws that benefited the industry they joined.” It is perfectly legal. Members of Congress (and their staffers) join committees, write laws that affect an industry and citizens, retire and then join the industry they wrote laws to protect. Other legislation, that was written to halt or at least stem the flow, has simply been bypassed by some of these very lawmakers. Attkisson continued, “The non-profit journalism group ProPublica has found 27 former members of Congress and staffers who were major players in Part D and are now working for the pharmaceutical industry on health care reform. The revolving door is dizzying.” The Major Congressional Players
It's been a boom for the pharmaceutical industry, spending $18 million hiring and lobbying Congress on health care reform and fighting off two proposals that would cost it billions. CBS’s Sharyl Attkisson reported it best, “It leads critics to ask whether some who are supposed to be watching out for taxpayers have other interests.”
The copyright of the article American Drug Companies' Political Influence in American Affairs is owned by Frank W. Hardy. Permission to republish American Drug Companies' Political Influence in print or online must be granted by the author in writing.
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