Most of Congress continues to accept campaign contributions from the pharmaceutical industry

Lev Facher reports for Stat News that the pharmaceutical industry donated to the campaigns of 356 members of Congress this year. Pharmaceutical companies want to be sure their voice is strong when Congress considers prescription drug legislation. If few members of Congress support meaningful drug price regulation, their acceptance of drug company campaign monies will be one reason.

All in, the pharmaceutical companies donated around $11 million to Congressional campaigns through their political action committees or PACs this past campaign season. More than $8.5 million went to individual candidates. These PACs wrote some 4,700 checks. This is business as usual for them.

The pharmaceutical companies know that their campaign contributions give them sizable influence in policymaking around prescription drugs. Pfizer alone sent 548 checks to members of Congress through its PAC. Amgen sent 405 checks. Merck wrote 379 checks.

These campaign donations are smart investments for the pharmaceutical industry. Drugmakers often see payback quickly. Already, Congress has ensured that federal health care agencies receive billions of dollars to hand out to drug companies for research.

Not surprisingly, Mitch McConnell, the Senate Majority Leader, took in more in campaign contributions from Big PhRMA than any other member of Congress. He received more than $197,000 in total. Republican Senators Thom Tillis of North Carolina, Bill Cassidy of Louisiana, Cory Gardner of Colorado, John Cornyn of Texas and Steve Daines of Montana each received at least $100,000 from the drug industry.

On the Democratic side, the pharmaceutical industry donated the most to Senators Chris Coons and Bob Menendez. And, Senator Ron Wyden, the ranking Democrat on the Senate Finance Committee, took money from two drug industry groups.

The Center for Responsive Politics explains that, through campaign contributions, drug manufacturers build a relationship with members of Congress. The relationship, in turn, gives them easy entree into discussions about government regulation of the drug industry, if not a seat at the table.

STAT’s analysis looked at 25 pharmaceutical industry groups. Of the campaign contributions, 2600 donations, slightly more than half, went to Republicans or Republican groups; 2100 donations went to Democrats or Democratic groups.

Here’s more from Just Care:

Comments

One response to “Most of Congress continues to accept campaign contributions from the pharmaceutical industry”

  1. BC Shelby Avatar

    …and this is why no meaningful drug pricing legislation ever gets passed. These individuals are more interested in looking after their own careers and the interests of their donor base than the physical and financial well being of the people they are supposed to represent and be working for. It seems the government is running a racket for it’s members’ and their donors’ own benefit.

    This is whey we need serious campaign finance reform beyond repealing Citizens United (which is a misnomer as it benefits the citizens very little). We need to eliminate big money’s influence in elections as well as policy (lobbyists, I’m looking at you). Members of the House and Senate already get a very generous annual salary on the taxpayers’ dime, access to high quality healthcare for less than what many working people pay through their companies, and a generous pension when they leave (or are booted out of) office. What needs to happen is campaign financing going to a fully publicly funded system where all candidates get a set amount of funds as well as airtime. No private or corporate donations, no PAC money (party or otherwise), no using personal fortunes. Once that allotment it spent, that’s it, so candidates need to be thrifty (it may even get them to focus on issues voters care about rather than spending millions to just fling poo at each other).

    Lobbying needs to go as well as it is nothing more than government sanctioned bribery.

    Both parties are guilty of being “on the take”, the Republicans, like Mr. McConnell, just don’t bother to hide it.

    We need a government that is in truth “of by and for the people” as well as one that is accountable to the citizens of this nation, not the wealthy and corporate interests. Once that connection is severed, legislators will have no worry about being dumped by their donors and maybe actually work for the people they represent like they are supposed to be doing.

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