RED ALERT: Hypocrisy: Drug Companies Declared Big Winners in Dems’ Healthcare Scheme

March 29, 2010

“Pharma came out of this better than anyone else. I don’t see how they could have done much better.”

President Obama, Fellow Democrats Launched Attacks Against Special Interests:

“In the heated yearlong health fight, President Obama has often accused his opponents of willful misrepresentation, even as he and his allies have endlessly repeated the biggest whopper of all — that the bill would rein in the special interests. The Obama team regularly dismisses opponents as industry lackeys. The Democratic National Committee blasted out e-mails this week warning that ‘for every member of Congress, there are eight anti-reform lobbyists swarming Capitol Hill’ and ‘Congress is under attack from insurance lobbyists.’” (Timothy Carney, “Dems Tap Drug Maker Millions for PhRMA-Friendly Bill,” Washington Examiner, 3/17/10)

RED ALERT: Pharmaceutical Lobby Declared Big Winner in Aftermath of Dems’ Healthcare Takeover:

“Chalk one up for the pharmaceutical lobby. The U.S. drug industry fended off price curbs and other hefty restrictions in President Barack Obama’s health care law even as it prepares for plenty of new business when an estimated 32 million uninsured Americans gain health coverage…Either way, pharmaceutical lobbyists won new federal policies they coveted and set a trajectory for long-term industry growth…‘Pharma came out of this better than anyone else,’ said Ramsey Baghdadi, a Washington health policy analyst who projects a $30 billion, 10-year net gain for the industry. ‘I don’t see how they could have done much better.’” (Alan Fram, “The Influence Game: Drug Lobby’s Healthcare Win,” Associated Press, 3/29/10)

By Code Red