There is all kind of speculation out there including the possibility that the president agreed not to bargain down drug costs for seniors on Medicare, or that he promised not to allow competing companies from Canada to sell medicine here -- a move that would result in lower drug costs.
However, so far it's all been speculation and no deal with pharma is binding on the House and Senate. So we will possibly will have to wait until Congress comes back into session to see if Obama reveals anything new.
Whatever the case, the drug companies are now strongly backing the Obama plan, something that is causing wonderment in some circles.
White House & Big Pharma: What's the Deal?
CBS News - - Aug 10, 2009
Sources say negotiations involving the White House and the pharmaceutical industry shifted to fast-forward in mid-June. President Obama had just taken a ...
More On That White House Drug Deal Mother Jones
The Drugmakers: Supping with the Devil American Spectator
