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THE
INDUSTRY |
The Pharmaceutical Industry
Washington's Largest Lobby
Lobbying is defined
as: To try to influence the thinking of legislators or other public
officials for or against a specific cause
A lobbyist is a person
who tries to influence legislation on behalf of a special interest
or a member of a lobby.
Lobbyists from
business sectors and special interest groups wield a huge influence
over Congress. From the Teamsters Union to Microsoft or the
National Association Realtors, among others, millions and millions
of dollars are spent each year by these companies convincing our
representatives to vote in their best interests (which are not
necessarily ours).
The most powerful of
these lobbies is the Pharmaceutical Industry, it's trade groups and
manufacturing companies. Outnumbering our representatives in
Washington two to one they spend tens of millions of dollars per
year convincing Congress to vote their way, keeping drug prices
high, extending patents, preventing importation of lower priced
drugs from Canada and preventing Medicare from negotiating lower
drug prices.
And year after year the industry
spending the largest amount of money to get our representatives to
vote their way is the Pharmaceutical Industry.
Top Lobbying Industries (1998-2009)
|
Pharmaceuticals / Health Products |
$1,817,218,843 |
| Insurance |
$1,339,542,119 |
| Electric
Utilities |
$1,230,199,509 |
| Computers /
Internet |
$1,017,512,484 |
| Business
Associations |
$1,008,464,139 |
| Oil and Gas |
$919,806,388 |
| Education |
$864,972,042 |
| Misc.
Manufacturing and Distribution |
$817,604,041 |
| Real Estate |
$800,207,803 |
| Hospitals /
Nursing Homes |
$796,730,357 |
| Health
Professionals |
$716,039,193 |
| Securities and
Investment |
$703,443,261 |
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THE
DRUGS |