Insurers gave US chamber $86m to oppose health care reform

Bloomberg:

Health insurers last year gave the U.S. Chamber of Commerce $86.2 million that was used to oppose the health-care overhaul law, according to tax records and people familiar with the donation.

The spending exceeded the insurer group’s entire budget from a year earlier and accounted for 40 percent of the Chamber’s $214.6 million in 2009 spending. The expenditures reflect the insurers’ attempts to influence the bill after Democrats in Congress and the White House put more focus on regulation of the insurance industry.

Should have seen this coming. Many of us did. In good news, the White House is reaching out to the Chamber of Commerce to make nice. Let’s sincerely hope that they don’t give away the farm, thinking the Chamber will suddenly be their friend. It won’t. It’s not the way this town works. You’d hope the President would have figured that one out by this point. But judging by his recent comments, that he thinks he wasn’t bipartisan enough the last two years, he clearly hasn’t.


Follow me on Twitter: @aravosis | @americablog | @americabloggay | Facebook | Instagram | Google+ | LinkedIn. John Aravosis is the Executive Editor of AMERICAblog, which he founded in 2004. He has a joint law degree (JD) and masters in Foreign Service from Georgetown; and has worked in the US Senate, World Bank, Children's Defense Fund, the United Nations Development Programme, and as a stringer for the Economist. He is a frequent TV pundit, having appeared on the O'Reilly Factor, Hardball, World News Tonight, Nightline, AM Joy & Reliable Sources, among others. John lives in Washington, DC. .

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