Skip to comments.K Street reaps major rewards from healthcare reform legislation
Posted on 03/26/2010 9:11:15 AM PDT by NormsRevenge
K Street appears to have cashed in on the lengthy battle over healthcare reform.
About 1,750 businesses and organizations spent at least $1.2 billion in 2009 to lobby on health reform and other issues, according to a study from the Center for Public Integrity released Friday. A precise figure isnt available because lobbying disclosure forms dont require companies or other groups to itemize how much they spend to lobby on a particular issue.
The largest lobbying firm in terms of revenue, Patton Boggs, set the pace in healthcare lobbying too, according to the Center. Fifty-three clients paid Patton Boggs $7.68 million to lobby on healthcare and other issues.
Alston & Bird was number two, with 40 clients that spent $4.6 million on healthcare and other issues. Alstons lobbying team included Thomas Scully, a former administrator of the Centers for Medicare and Medicaid Services, which will implement large segments of the reform law.
See the Centers study here.
Ken Gross, an ethics lawyer at Skadden Arps, told the Center that the lobbying campaign on healthcare reform was likely the most expensive ever.
"Well DUhhhh!!" award of the hour.
reform legislation .. lolol
just cuz something is called ‘reform’ don’t mean it is intended or guaranteed to make things better .. or cheaper.
Who works for many of the major firms that benefited most?
I won’t tell.
It ain’t pretty.
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