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Congress's $1.2 Million a Day Drug Habit—and Pharma's Phony "Gift" to Health Care Reform

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— By James Ridgeway

Big Pharma pulled off a first-class PR coup last week with its widely celebrated pledge to support health care reform by offering up a package of discounts they claim will run to $80 billion over the next ten years. The highlight of the package, said to be worth about $30 billion, is a 50 percent discount offered to old and disabled people who fall into the "donut hole," the notorious coverage gap in the Medicare Part D prescription drug benefit, which leaves some of us paying as much as $3,000 out of pocket for our meds.

Announcing the agreement, President Obama hailed the drug-makers for offering "significant relief" to a "continuing injustice that has placed a great burden on many seniors," and for helping to reach "a turning point in America's journey toward health care reform." AARP, the mammoth old people's lobby, was right there at Obama's shoulder, with head man Barry Rand trumpeting that industry's progress: "This is an early win for reform and a major step forward. It is a signal the process is working and will work." The deal was also seen as a victory for Senate finance committee chair Max Baucus (D-MT), who engineered negotiations in his self-assigned role as champion compromiser in the reform debate. But the real triumph belongs to the drug companies themselves, since the supposedly magnanimous offer is just what we might expect it to be, considering the source: another wolf in sheep's clothing from Big Pharma.

When it comes to securing their interests against even the flimsiest of threats, the drug-makers' pockets appear bottomless. A look at last week's Center for Responsive Politics report on the industry offers an awe-inspiring view of the druggies in action: To begin with, we're not talking about a handful of lobbyists twisting the arms of members of Congress. Pharma had 1,814 flacks at work last year and 1,309 in the first 3 months of this year. That's 12 percent of all the lobbyists in Washington. Last year alone the drug industry spent $234 million on lobbying. In the first three months of this year, it spent more than $66.5 million—$1.2 million a day. And that doesn't include polling, advertising, and research. Among the top recipients of Pharma funds are several members of the Senate finance committee, including Baucus himself, who have positioned themselves as a "coalition of the willing" dedicated to promoting a bipartisan middle ground on health care reform—in other words, minor changes that won't seriously affect private sector profits.

more...

http://www.motherjones.com/mojo/2009/06/ph...ny-gift-seniors

Edited by Col. 'Bat' Guano
 

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