And he wants to make sure that the pharmaceutical companies understand that, too. The House Energy Chair intends to retroactively remove what Waxman calls a ‘windfall’ involving Medicare D drug charges, and never mind what either the President or PhRMA thinks:
Drug makers contend they have already worked out a 10-year, $80 billion cost-savings deal with the White House and crucial Senate gatekeepers on the trillion-dollar health care overhaul. The industry says that trying to add Mr. Waxman’s provision could scuttle that agreement.
Putting aside the actual merits of the argument for a moment – I (and Hot Air) may have excellent reasons to assume that a Democrat posturing about ‘windfall profits’ is simply posturing, but it’s still an assumption – it’s instructive to see how little a powerful House Democrat fears the wrath of the White House on this issue. Then again, this is what happens when you’re a President who hands off responsibility for a bill in the first place; the people who do the work naturally end up deciding that their opinions on its final form are more relevant than yours, and unless you have the ability to do something about it they’re going to show little reluctance in showing public defiance. Given that the President just hit 50% on Gallup, and lacks any real experience in leading people who don’t want to be led, I’m not surprised that Waxman is doing this.
And this is why people say “If you want something done right, do it yourself.” Cliche, yes, but cliches exist for a reason.
Crossposted to Moe Lane.