Spend $200 Million on Health Sector for the Elections

Spend $200 Million on Health Sector for the Elections

During the elections, the political action committees spend more than $193 millions into campaigns of pharmaceutical and biotechnology industries, health insurance, hospitals and organizations representing health care professionals. According to the Center for Responsive Politics, they analyze the political spending, and came to the conclusion that this year they spend 9 percent more than the elections in 2008.

More money was contributed to U.S. President Barack Obama than to Mitt Romney. Republicans received about 56 percent of all health sector contributions, in keeping with long-term trends. About $38 million of the total was given over to SuperPACs and other ‘outside’ groups, who in turn spend the money on political advertisements.

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