Is there yet ANOTHER big taxpayer-funded bailout headed our way?

Maybe.

At least, that’s the answer according to a well-connected former Trump White House adviser.

See, Washington will try to bail out ANYTHING. Not just too-big-to-fail financial institutions, not just every other country on earth, but even weird things like individual student loans or their own failed government programs or, possibly soon, hospitals and Big Pharma.

Y’all may remember a couple of months back we wrote about Republican Sen. Bill Cassidy looking to mess around with rural, red state America’s health care under the guise of “reforming” a federal drug discount program (340B) that costs you and me nothing and Big Pharma hates.

Well, Cassidy isn’t part of THIS particular D.C. “gang” I’m about tell you about, but there IS a “Gang of Six” working on “reforming” the program because Big Pharma thinks it’s costing the industry too much money (even though it might be the only reason your local hospital is still open).

Here’s the thing: Solving what the drug industry sees as the problem here — their profits taking a hit while regular people benefit — would, if your really listen to this former Trump adviser, PROOOBABLY means another huge, taxpayer-funded, “we promise it’s the last time but this time it’s fine” BAILOUT here, just as a gift to drug companies.

That former Trump adviser? Joe Grogan. He was Trump’s assistant and director of the White House’s Domestic Policy Council, but before that he headed government affairs for Gilead (a Pharma company that hates 340B). So he has no reason to be siding up with 340B defenders, and yet just days ago, he said at a big health care summit, “If you solve the 340B problems, there’s no question, some hospitals are going to be under pressure” and “[The federal government doesn’t] have the money to shore up the community hospitals and solve the 340B problem.”

He’s literally warning of a bailout if the Gang of Six messes this up and gives drugmakers what they want!!

I mean – sure, good for Sen. Cassidy he isn’t involved here. If he were, well then the “Gang of Six” fully fluffing this would be a virtually guarantee.

But there have been rumors that Republican Sen. Jerry Moran is being a just little too friendly with Big Pharma as part of his work on the Gang of Six, and Moran is a key player here.

SO – It’s something to keep an eye on. The last thing anyone needs after years of inflation hell is the idiots in Washington, D.C. doing a supposed “reform” that actually leaves people reeling Bidenomics holding the bag for another bailout. But these people also obviously lack a lot of common sense, so I can see them trying to “fix” something that only a few, very financially healthy corporate players think is broken.