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8/26/13

Lobbyists win big bucks from Obamacare

Obamacare is earning Washington lobbyists big bucks as corporate clients line up to hire K Street lobbying firms made up of former government officials with high-powered connections.
"After passage of major legislation, those who have networks on Capitol Hill take exceedingly lucrative jobs with the same industries subject to the legislation,” Public Citizen lobbyist Craig Holman told The Hill. “It raises questions about the [bill's] integrity.”
Former lawmakers and White House officials have signed on with lucrative lobbying firms who benefit from Obamacare's complexity and long implementation timeline.
Over 30 former staffers, members of Congress, and White House officials with Obamacare experience are now working on K Street, reports The Hill.    [ECS]