Later On

A blog written for those whose interests more or less match mine.

Bad Obama again: protecting industry profits at consumer expense

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From the Center for American Progress:

"Pressed by industry lobbyists, White House officials on Wednesday assured drug makers that the administration stood by a behind-the-scenes deal to block any Congressional effort to extract cost savings from them beyond an agreed-upon $80 billion." The commitment may "irk some of the administration’s Congressional allies who have an eye on drug companies’ profits as" a way to pay for reform.

Written by LeisureGuy

6 August 2009 at 9:12 am

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