Lawmakers Reveal Health-Care Investments
Almost 30 Key Players Have Stakes in Industry
Paul Kane, CommonDreams.org
Almost 30 key lawmakers helping draft landmark health-care legislation have financial holdings in the industry, totaling nearly $11 million worth of personal investments in a sector that could be dramatically reshaped by this summer's debate.
The list of members who have personal investments in the corporations that will be affected by the legislation -- which President Obama has called this year's highest domestic priority -- includes Congress's most powerful leaders and a bipartisan collection of lawmakers in key committee posts. Their total health-care holdings could be worth $27 million, because congressional financial disclosure forms released yesterday require reporting of only broad ranges of holdings rather than precise values of assets.
Related:
Moyers Interviews Robert Reich on "Who Runs Government" Bill Moyers, Bill Moyers Journal, PBS
Despite the speech President Obama made at a Wisconsin Town Hall meeting this week (June 8-14), the question now is will he push back against the profiteers of health care? A powerful coalition has emerged to keep the profit in sickness and disease - the Business Roundtable, the Chamber of Commerce, the big drug companies, the insurance giants, Rupert Murdoch's media empire, all of them opposed to what my guest says is real health care reform.
Report: 30 Lawmakers Have Financial Holdings in Healthcare Industry, Amy Goodman, Democracy Now
Submitted by Evergreene Digest Contributing Editor Bob Heberle
The Washington Post has revealed almost thirty key lawmakers helping draft landmark healthcare legislation have financial holdings in the industry, totaling nearly $11 million worth of personal investments.
Report: Senator Max Baucus Received More Campaign Money from Health and Insurance Industry Interests than Any Other Member of Congress, Amy Goodman, Democracy Now!
Montana Senator Max Baucus, the chair of the Senate Finance Committee, is the Senate’s point man on healthcare reform. A new article in the Montana Standard finds that Senator Baucus has received more campaign money from health and insurance industry interests than any other member of Congress. The article says, “In the past six years, nearly one-fourth of every dime raised by Baucus and his political-action committee has come from groups and individuals associated with drug companies, insurers, hospitals, medical-supply firms, health-service companies and other health professionals.”
