"An investigation released Friday by House Democrats says President Donald Trump's administration overpaid by up to $500 million on ventilators as the coronavirus pandemic first struck the United States.
According to Phillips, the list price of the ventilator ordered under the contract is $21,000 and was supplied to the Trump administration for $15,000, which the company called a "discount" given the rushed production schedule.
The report, however, disagreed with Phillips' claim. A functionally identical ventilator was delivered to the Obama administration under a 2014 contract for $3,280. Based on the report's review of purchases between December 2019 and May 2020, other small purchasers, even those that purchased only one ventilator of the same model, secured them for as low as $9,327."
I wonder who negotiated that awesome deal in the Trump administration?
Last edited by sethnintendo - on 01 August 2020
