"Two of the biggest spenders on lobbying, the health care and defense industries, might end up working against each other in a furious four-month campaign focused on the deficit reduction committee-to-be.
The tension between the two heavy hitters centers on the provision of the debt ceiling agreement that triggers
$1.2 trillion in automatic cuts split evenly between defense and nondefense spending if a joint Congressional committee fails to produce its own plan for
at least $1.2 trillion in savings by Thanksgiving. For some sectors of the health care industry, especially those that involve Medicare, that 'trigger' could be the lesser evil. As a result, those interests might want the committee to fail to reach an agreement."
Deficit Reduction Panel May Trigger Lobbying Bonanza
Roll Call Lobbying & Influence:
