News broke overnight that Billy Tauzin, the Democratic congressman turned Republican turned lobbyist, was stepping down as head of the the Pharmaceutical Research and Manufacturers of America. Tauzin led the group when it struck a mid-2009 backroom deal with President Obama and the chair of the Senate Finance Committee. The deal, according to published reports, would have limited the pharmaceutical industry to $80 billion in losses over 10 years under Democratic health care reform. In exchange, drug companies agreed to support reform and the lobby spent some $100 million on a pro-reform push that included lots of television advertisements. What Democrats really got in exchange for the deal with Tauzin, however, was a promise from PhRMA not to oppose reform.
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