MAGA extremist Sam Brown has made criticisms of government spending a major part of his Senate campaign. But new reporting from The Nevadan shows that Scam Brown’s pharmacy benefit management (PBM) company, Palisade Strategies, secured millions in government contracts, profiting off of the exact type of spending Brown’s attacked on the campaign trail. Worse, Brown wasn’t just reliant on government spending, based on his financial disclosures in 2022, government contracts were responsible for $2.7 million out of $2.8 million of the company’s gross receipts.
This reporting also shatters Brown’s carefully curated mirage that his company was built to address veterans’ care ignored by the VA. After all, Brown can’t claim that Palisades Strategies filled a void left by the VA when the VA was funding his own company.
This behavior isn’t just hypocritical, it demonstrates how Brown doesn’t think Nevadans should benefit from the same types of programs that floated his own business. How else can Brown justify advocating to cut government spending that he profited from?
Click HERE to read the full article or check out below for key excerpts:
- During his campaigns, Brown has criticized large government spending bills like the American Rescue Plan Act, the Inflation Reduction Act (IRA), the CHIPS and Science Act, and other signature pieces of the Biden-Harris administration. But Brown’s business was reliant on the same sort of federal spending.
- Palisade began contracting with the US Department of Veterans Affairs in 2019 and was awarded more than $2.7 million in federal contracts from 2020 to 2021, according to data published to USAspending.gov, a website run by the federal government that tracks federal spending. That’s just shy of the $2.8 million Brown reported as the value of the company’s gross receipts on his financial disclosure form filed in May 2022.
- But last December, Brown posted to the site X, formerly Twitter, that part of his rationale for starting Palisade Strategies was because he felt the VA was struggling to properly service veterans.
- “I know quite a bit about the inefficiencies of the federal government — in fact, I started my small business that stepped in when the VA failed to get veterans the critical medications they need,” Brown’s account posted on Dec. 9. “We need more leaders in the Senate who know that more government isn’t the answer to our nation’s troubles.”
- “The call for increased regulatory oversight of PBM business practices is overwhelmingly welcomed by physicians as a check against possible anticompetitive harm resulting from low competition and high vertical integration in the PBM industry,” Scott said. “The findings from the new AMA analysis warrant attention as Congress and the administration continue to work to protect patients and ensure prescription drugs remain affordable and accessible.”
