House Democrats discover Trump administration overspent for ventilators by as much as $500 million

WASHINGTON — Throughout the coronavirus pandemic, President Donald Trump has repeatedly touted his administration’s supply of ventilators, a critical tool for treating patients with life-threatening respiratory symptoms.

But internal emails and documents obtained by Democrats on the House Oversight Committee suggest that the Trump administration failed to enforce an existing contract with a major medical manufacturer, delayed negotiations for more than a month and subsequently overpaid as much as $500 million for tens of thousands of the devices — a costly error at a time when officials from some of the biggest states were warning of shortages.

But it wasn’t until April 7, after demand for the devices had peaked and already started to ebb, that the Department of Health and Human Services signed a new contract with Philips to purchase 43,000 ventilators at $15,000 apiece. The administration never tried to negotiate that price, based on the documentation. By comparison, a purchaser in Missouri paid $9,327 for a single unit on April 30.

Another example of the great negotiator at work. The only thing missing is a claim to make China pay for it.

Source: MSN

Article submitted by, Darkillusion.

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