Tuesday, August 7, 2018

Single Payer Week: Follow the Money

The Republican party was paid over $5 million by insurance companies and over $4 million by pharmaceutical companies in the 2018 cycle. And remember this is a midterm, lobbyists usually pay more during presidential elections as more people vote.
How much did your rep take in?
My congressman Frank Lucas was given $44,000 by insurance companies, his largest contributor was of course security and investment companies at $97,500 and he has a safe seat so no real competition.
My Senators of course get most of thier money from energy and utility companies, though Senator Lankford received $301,000 from healthcare and $240,000 from commercial banks.
I just looked at the top 5 contributor industries for this election cycle. OpenSecrets.org is easy to use for you to see who lines your representatives pockets.
Its possible to dig deeper using the FEC or other sites but all we need to know here is how much money they get from companies who want to fight single payer.
Insurance and drug companies like the current system, not many other industries do.  How about you?
The thing is we must consider when our representatives take in that kind of money will they ignore it when working on legislation or will they work with your interests in mind instead?
Those companies are not spending that money for nothing, they expect a return on that investment. Maybe its just tax breaks and lower regulations so that the lobbying costs pay for themselves. But there are going to want as much as they can buy for their money.

Follow the Money, always.

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