Drug Makers Score Early Wins as Plan Takes Shape

[nightrain]

Source: WSJ

By ALICIA MUNDY and LAURA MECKLER
WASHINGTON -- The pharmaceuticals industry, which President Barack Obama promised to "take on" during his campaign, is winning most of what it wants in the health-care overhaul.

The final contours of the legislation are far from settled, but the industry, led by a onetime powerful congressman, has notched a string of victories.

Legislation expected soon in the powerful Senate Finance Committee will leave out cost-cutting steps as part of an agreement with the industry and the White House, according to Congressional aides, industry lobbyists and others involved in the talks.

The missing items include two planks of Mr. Obama's campaign platform: allowing cheaper drugs to be imported from Canada and giving the federal government the right to negotiate Medicare drug prices directly with pharmaceutical companies.

Read more: http://online.wsj.com/article/SB124779006528954995.html#mod=rss_US_News

---

The massive transfer of wealth from citizens to corporations continues for drug companies and the health insurance extortion corporations. This is not what I voted for in November.