But now Pelosi has set up her own "negotiating table" -- nearly doubling the amount Washington would confiscate from the industry and planning vast cuts in what Medicare would pay for drugs -- a provision that the industry was assured was off the other table. Give 'em a hand, they'll take an arm.
Nor are the drug companies the only target. The Pelosi bill has $20 billion in "user fees" (read: taxes) on medical-device manufacturers. New devices such as artificial joints, pacemakers and insulin pumps are often developed by small startup companies -- those least capable of paying these punitive up-front regulatory expenses. And the working Senate bill aims at $40 billion from the industry.
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