Jun 16, 2009

follow-up on "centrism": need for election finance reform

To follow-up on my post this morning, WaPo reported over the weekend on the massive amounts of money that some of the very Congresspeople entrusted to write health care insurance reform legislation are receiving from the private insurance industry. TPMDC summarized:

The Washington Post reports that nearly 30 key lawmakers helping to draft health-care legislation have financial holdings in the industry, totaling nearly $11 million. This includes Senate Majority Leader Harry Reid (D-NV), with at least $50,000; Sen. Judd Gregg (R-NH), with between $254,000 and $560,000; and Rep. Jane Harman (D-CA), with at least $3.2 million.

Emphasis in original.

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