Obama gives powerful drug lobby a seat at healthcare table
Tuesday, August 4, 2009 - 02:28
in Mathematics & Economics
The pharmaceutical industry, once condemned by the president as a source of healthcare problems, has become a White House partner. As a candidate for president, Barack Obama lambasted drug companies and the influence they wielded in Washington. He even ran a television ad targeting the industry's chief lobbyist, former Louisiana congressman Billy Tauzin, and the role Tauzin played in preventing Medicare from negotiating for lower drug prices.