Trump to Mitch McConnell: "Even you" Get Away with Murder - Accepting Oodles of $ from Pharma | Pharmaguy's Insights Into Drug Industry News | Scoop.it

President Trump on Monday addressed a well-established tenet of life in Washington: The pharmaceutical industry has loads of money and doesn’t hesitate to spend it on Congress.

 

“They contribute massive amounts of money to political people,” Trump said during an impromptu news conference, turning to Senate Majority Leader Mitch McConnell, who was standing to his side. “I don’t know, Mitch, maybe even to you.”

 

McConnell let out a short laugh.

 

Trump was not wrong. In his last race in 2014, McConnell raked in $550,923 from the pharmaceutical and health products industries — more than any other individual lawmaker received that year, according to the Center for Responsive Politics, which analyzes political spending data from the Federal Election Commission.

 

Through a separate leadership political action committee, McConnell brought in another $244,000 from the sector, the database shows. Those figures represent contributions from both individuals employed by the industry and companies’ political action committees. And he’s on track to raise even more this year: in the current cycle, he’s already raised some $654,173 from the sector, all per the same Center for Responsive Politics data.

 

Trump’s comments came after he once again claimed that the pharmaceutical industry is “getting away with murder” with high drug prices.