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Spending on lobbying shows healthcare cos.’ stake in healthcare reform
WHAT IT MEANS AND WHY IT'S IMPORTANT — Most of the newly elected and re-elected Republican members of Congress, Tea Party candidates in particular, vowed to whittle down or repeal healthcare reform once in office, but the healthcare companies that stand to benefit hope to change their minds, as some of their lobbying activities last quarter have shown.
(THE NEWS: Report: PhRMA's lobbying efforts total more than $5 million in Q3. For the full story, click here)