'The corporations fighting these bills have been the very ones responsible for jacking up prices on consumers and whose bottom line would be impacted the most if these bills were signed into law.'
"The corporations fighting these bills have been the very ones responsible for jacking up prices on consumers and whose bottom line would be impacted the most if these bills were signed into law."Since early 2021, corporations that have played a major role in pushing inflation to a four-decade high in the United States have swarmed Capitol Hill with lobbyists to prevent Congress from passing legislation aimed at curbing companies' ability to price gouge consumers at will.
The new report focuses specifically on 27 anti-price gouging and profiteering bills, none of which have fully passed and many of which failed to reach the floor for a vote after powerful corporate lobbying organizations—such as the drug industry's PhRMA and the Chamber of Commerce—"blanketed" the nation's capital with influence peddlers.
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