"Doctors, drugmakers, hospitals and health insurers have spent millions over the years wooing lawmakers who now are on the powerful congressional panel charged with finding a formula to control deficits and debt, a new analysis finds.
Those very same industries would get hit hard if the supercommittee succeeds.
The industry campaign contributions, compiled by the nonpartisan Center for Responsive Politics, reinforce doubts that the 12-member panel will issue a sweeping plan to curb federal spending, an equation that can't be solved without major Medicare and Medicaid cuts.
The analysis found that health professionals — a category dominated by doctors — rank among the top 10 sources of campaign dollars for all but two of the panel's members.
The center ranks contributions to lawmakers from political action committees and individuals associated with more than 80 industries, from defense contractors to energy to farming. The study of health care money, conducted for The Associated Press, found that four big industry sectors accounted for more than $17 million in campaign donations to the lawmakers since 1989"..........READ MORE
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