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  • From: Rob <becidawa AT hctc.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] DC Whorehouse business as usual
  • Date: Fri, 17 Dec 2004 11:27:33 -0800

At 12/16/2004 06:25 AM, you wrote:

>>>By ROBERT PEAR
Published: December 16, 2004

WASHINGTON, Dec. 15 - Representative Billy Tauzin, a principal author of the new Medicare drug law, will become president of the Pharmaceutical Research and Manufacturers of America, the chief lobby for brand-name drug companies, the trade group announced Wednesday.

Drug makers said that the job was not a reward for Mr. Tauzin's work on the Medicare bill, which followed the industry's specifications in many respects. The law was signed by President Bush on Dec. 8, 2003, a few weeks before a lawyer for Mr. Tauzin began talks with the drug trade group.

Mr. Tauzin (pronounced TOE-zan) and Mr. White refused to discuss Mr. Tauzin's new salary, except to say it was comparable to the pay at other large trade associations. People at other trade groups said they believed that Mr. Tauzin would receive $2 million a year or more.
The law forbids the government to negotiate with drug manufacturers to secure lower prices for Medicare beneficiaries.

The law steers clear of price controls and price regulation, which are anathema to drug companies. The law forbids the government to negotiate with drug manufacturers to secure lower prices for Medicare beneficiaries.<<<
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No price controls and FORBIDDEN to try and get lower prices for bulk buys... Then a $2m/yr job from the industry that profits from this.
This sure does have the "appearance of impropriety".


Rob
becidawa AT hctc.com

Merry Christmas everyone!




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