Health-Care Companies Pour $46.7 Million Into Midterm Vote
The health-care industry has given $46.7 million to candidates in the midterm elections this year, according to the Center for Responsive Politics, pouring money into a tightly fought battle between Democrats and Republicans over control of Congress.
Of the money given by health-care political action committees -- the official political arms of companies and industry or professional associations -- 57 percent went to Republicans.
Brendan Fischer, director of federal reform at the Campaign Legal Center, a nonpartisan expert and watchdog for campaign finance, said the money spent each election cycle has consistently escalated over the past decade. “Our system is increasingly tilted towards the interest of wealthy donors because of the amount of money it takes to mount a legitimate campaign,” Fischer said.
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