The “Senator for K Street” is Putting Campaign Donor Profits Ahead of the Basic Needs of the People
Senator Max Baucus and the Senate Finance Committee are too corrupted by corporate health industry profiteers donations to give America the health care policy it needs.
Health care is 15% of the U.S. gross domestic product. Health care costs have been rising rapidly for several years. U.S. health care expenditures surpassed $2.4 trillion in 2007, more than three times the $714 billion spent in 1990. The cost of health care is projected to reach $4.4 trillion by 2018. There is a lot of room for corporate profiteering in the increasing cost of health care. So, the millions the health care industry has invested in Baucus and the Senate Finance Committee could turn out to be a very profitable one.
It is evident that any bill that comes out of the Senate Finance Committee will be a pro-industry bill that will ensure trillions in profits for the health insurance industry, HMO’s and pharmaceutical industry.
Baucus has held two hearings so far and has refused to allow advocates for the most popular reform – a single payer national health policy – to even testify. Single payer, improved Medicare for all, is favored by more than 60% of Americans as well as majorities of doctors, nurses and economists. It is the most cost-effective and efficient way to provide health care to all Americans from cradle to grave.
Why aren’t single payer advocates allowed to testify before Baucus’ committee? Follow the money. Campaign donations explain why and demonstrate that the Senate Finance Committee should not be in charge of health care. Senator Reid should remove the health care reform bill from Baucus and start all over before the Health Committee in the senate.
Here’s why Baucus is not doing the peoples business:
According to OpenSecrets.org over his career he has taken donations from:
The Insurance Industry: $1,170,313
Health Professionals $1,016,276
Pharmaceuticals/Health Products Industry $734,605
Hospitals/Nursing Homes $541,891
Health Services/HMOs $439,700
That is a grand total of $3,902,785. Can we trust Baucus to put aside the profits of the industries that have kept him in the senate? Will he put the people’s necessities ahead of the profits of his contributors? Baucus has shown his bias and should be removed from leading the health care reform effort by the Democratic Party leadership.
In 2008 Baucus had virtually no challenger in Montana. A little-known Republican was on the ballot, Baucus won with 73% of the vote. But, Baucus sought big donations from big business anyway. He used his connections to corporations with business before his committee to raise an immense campaign fund of more than $11 million. In 2008, 91% of his donations come from individuals living outside of Montana, which is why he is more the “Senator for K Street” then the Senator for Montana. Corporate health profiteers who invested in Baucus will now benefit from his stewardship over health care reform. His 2008 donations from health care profiteers included:
Insurance $592,185
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