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Published: 08/5/09

Drug Lobbyist: Deal Struck With White House on Health Care Reform

By  Ria Misra - Politics Daily
Drug Lobbyist: Deal Struck With White House on Health Care Reform

In a surprising reversal, the chief lobbyist for the drug industry has told the Los Angeles Times his industry will support President Obama's health care reform and discount $80 billion in government drug costs in exchange for Obama's pledge not to interfere with Medicare drug pricing. Says the Times: "He (lobbyist Billy Tauzin) says he eventually secured an agreement that the administration wouldn't try to overturn the very Medicare drug policy that Obama had criticized on the campaign trail. 'The White House blessed it,' Tauzin said. At the same time, Tauzin said the industry he represents ...

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