The WSJ discusses Big Pharma lobbyist Billy Tauzin and the industry’s $80 billion in “protection money.”
You’d think that might cause some concern in the K Street corridor that Mr. Tauzin inhabits. Nope. In spite of the double-cross, the drug makers say they are still planning to spend some $150 million through autumn on a TV-ad drive supporting ObamaCare. That’s more than John McCain spent on advertising in his entire campaign. And this new cash comes on top of the bundle Big Pharma has already spent with liberal pressure groups such as Families USA—on ads produced by White House consigliere David Axelrod’s former media firm AKPD.