Learning to Love Our Lobbyist Friends: We May Not Exactly Trust Special Interest Groups, but We Would Abolish Them at Our Own Peril
Allen, Frederick, The Saturday Evening Post
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On New Year's Day, Congress finally, at the very last moment, passed the fiscal cliff legislation that saved the economy from free fall. Everyone on every side of the negotiations made sacrifices to make it happen. Or so it seemed. But one pharmaceutical company got wording stuck in the bill that will bring it hundreds of millions of dollars over the next couple of years.
The law ensures that Amgen, the world's largest biotechnology business, will have two years to sell its dialysis pill Sensipar without any limits on what Medicare has to pay for it, even though the fiscal cliff bill is supposed to save $4.9 billion over 10 years by reducing overpayments for dialysis drugs and treatments. Exempting Sensipar from those controls will cost Medicare as much as $500 million.
How did the company arrange such a windfall? The provision requested by Amgen was added to the final draft of the legislation by Senate staff members, according to published reports. Why? Amgen has no fewer than 74 lobbyists in Washington, including the former chiefs of staff of both Sen. Mitch McConnell, the Senate minority leader, and Sen. Max Baucus. It has contributed more than $8 million to candidates and their political action committees since 2007. Those lobbyists had repeated meetings with senators' staffers in the fall. Critics contend that bowing to special interests is part of the reason for our current dilemma.
"Sadly, the lawmaker-lobbyist cabal has once again acted to serve their own financial interests; continuing to place patients at risk and passing the costs on to the taxpayer," Dennis J. Cotter, a health policy researcher in metropolitan Washington, D.C., told the Post.
Amgen is a very big lobbying presence in Washington, but there's nothing that special about it. Just about every business there is, from AAI Corporation to Zurich Financial, has its lobbyists prowling the halls of Congress, doing everything they can to serve their industries' purposes, sometimes at the expense of the greater good. So does just about every special interest group.
Lobbying is a huge business. According to the Center for Responsive Politics, there were 12,051 registered lobbyists in Washington in 2012, and they spent a total of $2.47 billion trying to get government officials to do their bidding. The biggest spender of all? The U.S. Chamber of Commerce, which forked out almost $96 million on lobbying, followed by the National Association of Realtors, $26 million. One of the top industry sectors? Health, which spent $365 million--more than 10 times as much as organized labor.
How can so much money flowing around the nation's capital not corrupt? It certainly does, and the revolving door between Congress and K Street, the main ā¦
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Publication information:
Article title: Learning to Love Our Lobbyist Friends: We May Not Exactly Trust Special Interest Groups, but We Would Abolish Them at Our Own Peril.
Contributors: Allen, Frederick - Author.
Magazine title: The Saturday Evening Post.
Volume: 285.
Issue: 2
Publication date: March-April 2013.
Page number: 40+.
© Benjamin Franklin Literary and Medical Society Jan/Feb 2007.
COPYRIGHT 2013 Gale Group.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.
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