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Ventilator Fleecing

2020-12-21 17:12:12.022338+01 by Dan Lyke 1 comments

The White House Paid Up to $500 Million Too Much for These Ventilators, Congressional Investigators Say

A House panel says “gullible” White House negotiators overpaid for Phillips ventilators, and it has asked the Department of Health and Human Services Office of Inspector General to investigate evidence of fraud in the deal.

Obama administration signed a deal with Royal Philips N.V. to develop and deliver a low-cost ventilator at $3k each, Trump administration renegotiated to $15k each.

[ related topics: Health Race Real Estate ]

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#Comment Re: Ventilator Fleecing made: 2020-12-22 05:05:58.28626+01 by: ebwolf

Which is better for business??? Which is better for consumers? Who does Trump favor?