Health

EXCLUSIVE: Obama received $20 million of healthcare Industry money in 2008

by Brad Jacobson

In case you’re wondering, that’s a whole lot of cash. My latest for Raw Story:

While some sunlight has been shed on the hefty sums shoveled into congressional campaign coffers in an effort to influence the Democrats’ massive healthcare bill, little attention has been focused on the far larger sums received by President Barack Obama while he was a candidate in 2008.

A new figure, based on an exclusive analysis created for Raw Story by the Center for Responsive Politics, shows that President Obama received a staggering $20,175,303 from the healthcare industry during the 2008 election cycle, nearly three times the amount of his presidential rival John McCain. McCain took in $7,758,289, the Center found. […]

Gary Jacobson, a campaign finance expert and political science professor at the University of California, San Diego, says the healthcare industry saw the writing on the wall and sought to “protect their interests.”

READ THE FULL STORY

2 replies »

  1. “This story line is going to continue until the end of time until we change the way we pay for our political campaigns.”

    Sad how the well-being of the entire country hinges on election law.

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