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D.C. Dispatches by Cynthia Dizikes

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    Franken bill would end company tax breaks for pharmaceutical marketing

    By Cynthia Dizikes | Published Thu, Oct 8 2009 5:36 pm

    WASHINGTON, D.C. — Sen. Al Franken, who sits on the Senate Health Committee, introduced a bill today that would end tax breaks to companies for direct-to-consumer health-products advertising and marketing to health care providers.

    Pharmaceutical companies currently receive billions of dollars in tax breaks for product promotion.

    “This legislation will remove these benefits so pharmaceutical companies can focus on developing new drugs, not excessive marketing schemes,” Franken said in a statement.

    He added that “there’s no reason for drug companies to be getting a boost from taxpayers while Minnesota families are struggling to pay the costs of health care.”

    Franken estimates that the federal government could save $3.5 billion a year by nixing these tax breaks.

    Washington Bureau | Thu, Oct 8 2009 5:36 pm | 2 Comments

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    minnpost.com/cynthiadizikes


    Cynthia Dizikes is MinnPost's Washington, D.C., correspondent and covers Minnesota's congressional delegation and reports on developments out of Washington that are important to Minnesota readers. She received her master's degree in journalism from UC Berkeley and has worked as an intern in the Los Angeles Times' Washington bureau, reporting on a variety of topics, and as a reporter for the Anniston Star in Alabama. Her work has also appeared in the San Francisco Chronicle, the Oakland Tribune, Congress Daily and on National Public Radio. She can be reached at cdizikes [at] minnpost [dot] com.

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