When it comes to finding money: People vs Corporations, $535 billion over 10 years

As we continue this fight regarding the national budget, funding for the people, (food, unemployment, medical), entitlements and the overall moral position this nation has and will take with its money, let’s recall the truth about a program that was sold and is still sold as a benefit for the people.   It’s cost is intentionally excluded from the overall budget discussions and thus remains hidden as to the extent of the benefit and beneficiaries.

The Medicare Prescription Drug law. Billy Tauzin (former congressman and former president/CEO of PHRMA, Dem from ’72 to ’95, republican there after):

it’s been good for the patients whom the drug industry represents

Dan Burton and Walter Jones, republicans were against it, for to them it was a “sellout” to the drug companies.

No offsets were needed.  The 15 minute vote was held open for 3 hours and was in the middle of the night because it was going to be defeated.  The longest roll call in the history of the house.  Threats to those who did not want to vote for such a huge wet kiss to the industry were of the Tea Party type.  They would run a person against you.  The Medicare boss, Tom Scully Bush’s “lead” negotiator went to lobbying for the drug industry “10 days after the president signed the legislation”.  He was negotiating for his lobby job during the bill negotiations.

 

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