Another under-the-table deal to get ObamaCare passed at the expense of the taxpayers? Who’d a thunk it? The Wall Street Journal reports:
On Friday House Republicans released more documents that expose the collusion between the health-care industry and the White House that produced ObamaCare, and what a story of crony capitalism it is.
Pfizer was worried about drug reimportation, a kind of outsourced price-fixing scheme that Obama had run on in 2008.
So, in exchange for some expensive PR work on behalf of ObamaCare, the White House pulled reimportation from the bill:
In particular, the drug lobby would spend $70 million on two 501(c)(4) front groups called Healthy Economy Now and Americans for Stable Quality Care.
Ironically, reimportation was a bad idea that could have been fought honestly. But Big Pharma decided on a quisling strategy.
In the end, they’ll get the shaft just like their fellow collaborators in the AMA.