The Obama administration has long denied allegations that they cut a deal with prescription drug manufacturers, giving them broad exemptions under the law in exchange for political support, but new revelations show that there was a deal, and it was worth billions:
Drugmakers led by Pfizer (PFE) Inc. agreed to run a “very significant public campaign” bankrolling political support for the 2010 health-care law, including TV ads, while the Obama administration promised to block provisions opposed by drugmakers, documents released by Republicans show.
The internal memos and e-mails for the first time unveil the industry’s plan to finance positive TV ads and supportive groups, along with providing $80 billion in discounts and taxes that were included in the law. The administration has previously denied the existence of a deal involving political support.
This is out-and-out corruption. This is pay-for-play, and what’s more the Obama administration (which once promised to be the most transparent and accountable administration in history) covered up the deal and lied about it.