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Linda Stender for Congress
By mpaganWALL STREET JOURNAL CALLS MIKE FERGUSON FOURTH LARGEST RECIPIENT OF CAMPAIGN MONEY FROM BIG DRUG COMPANIES
Ferguson Has Taken $239,670 From Big Drug Companies
For 2006 Election
Scotch Plains, NJ -- The Wall Street Journal today listed Mike Ferguson as one of the top 10 recipients of campaign contributions from big drug companies for the 2006 elections.
Since taking office, Mike Ferguson has accepted more than $600,000 in campaign contributions from big drug companies. "It is obvious why Mike Ferguson supported the troubled Medicare Part D program," said Linda Stender for Congress campaign manager Ed Oatman. "Mike Ferguson caters to special interests, and not the people he was elected to serve. That's why he is the number four top recipient of campaign cash from big drug companies."
The Wall Street Journal article noted how big drug companies are pouring millions of dollars into close races this election cycle and how Republicans passed a 2003 law that gave seniors Medicare coverage for prescription drugs but shaped the law in ways that benefited the pharmaceutical industry.
"Bush Republicans like Mike Ferguson are to blame for Medicare's donut-hole," said Oatman. "The 2003 Medicare law was a giveaway to big drug companies because it doesn't let the federal government negotiate for prices. Medicare Part D has to be reformed so seniors can receive the quality, affordable health care they deserve."
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