Wednesday, September 23, 2009

Democrats Question Baucus's $80B Deal With Drug Makers

Senate Finance Committee Chairman Max Baucus (D-Mont.) faced an early test of his leadership Wednesday after fellow Democrats challenged the $80 billion deal he struck with drug makers to help pay for health-care reform.

Nearing the end of a 13-hour opening day of work on Baucus's bill to overhaul the nation's health-care system, several committee members pressed Tuesday night for an amendment extracting larger company rebates on medications the government purchases for low-income senior citizens.

The proposal jeopardizes an agreement that Baucus and the Obama White House struck to limit the drug industry's exposure over the next 10 years to $80 billion.

Read the rest:

Makes me feel all warm and fuzzy knowing Obama is cutting deals with drug companies... how 'bout you?

No comments: