Career As A Lobbyist
While recovering from a fight with cancer, Tauzin resigned from Congress and began work as the head of the Pharmaceutical Research and Manufacturers of America, or PhRMA, a powerful trade group for pharmaceutical companies. Five years later he announced his retirement from the association (as of the end of June 2010).
Two months before resigning as chair of the committee which oversees the drug industry, Tauzin had played a key role in shepherding through Congress the Medicare Prescription Drug Bill, a bill which had been criticized by opponents for being too generous to the pharmaceutical industry. The switch from regulator to lobbyist was widely noted.
This link was explored at great length in an April 1, 2007 interview by Steve Kroft of 60 Minutes. The report, Under the Influence, pitted Rep. Walter B. Jones (R-N.C.) and Rep. Dan Burton (R-Ind.) against Tauzin and accused him of using unethical tactics to push a bill that "the pharmaceutical lobbyists wrote". Along with Tauzin, many of the other individuals who worked on the bill are now lobbyists for the pharmaceutical industry. Michael Moore's 2007 film Sicko levied similar criticism.
As head of PhRMA, Tauzin was a key player in 2009 health care reform negotiations that produced pharmaceutical industry support for White House and Senate efforts. Reportedly, proposals for Medicare Part D cost reductions and permitting drug importation from Canada were dropped in favor of $80 billion in other savings.
Tauzin now is on the Board of Directors at Louisiana Healthcare Group.
Read more about this topic: Billy Tauzin
Famous quotes containing the word career:
“Work-family conflicts—the trade-offs of your money or your life, your job or your child—would not be forced upon women with such sanguine disregard if men experienced the same career stalls caused by the-buck-stops-here responsibility for children.”
—Letty Cottin Pogrebin (20th century)