House Democratic leadership groups have given more than a million dollars to the PhRMA-funded Center Forward, which has worked to undermine the Biden administration on drug pricing reforms and more.
Billionaire investor Howard Marks and private equity executives with firms like Bain Capital and Neuberger Berman made earmarked donations through a No Labels PAC this year.
Tax documents reveal the group Center Forward received a record $18.8 million in 2021 and spent big to back conservative Democrats who bucked their party on drug pricing reforms.
The reps had campaigned to overturn a Trump-era tax hike on the wealthiest Americans.
Donations came from corporations that would likely have been impacted by the bill’s proposals.
Days before the House voted on the Build Back Better Act, Center Forward hosted dozens of congressional staffers to discuss policy issues with lobbyists.
The bundle was given as the health insurance industry was lobbying against Medicare dental, vision, and hearing coverage being included in the Build Back Better Act.
Some GOP megadonors made their first and only Democratic donations as the two senators worked to undermine the reconciliation bill.
Digital ad network portals provide a view of the ad wars around the Build Back Better Act.
As he stripped major climate programs, Sen. Joe Manchin received large donations from Enterprise Products, the energy giant where his son-in-law is a senior employee and whose lobbying groups are fighting the reconciliation bill.
