You’ll recall that the Obama Administration secured the support of the pharmaceutical industry on ObamaCare by promising that they wouldn’t need to take a cut of more than $80 billion over the next decade. It pissed off liberals looking to confiscate even more profits away from the drug makers, but it seemed to help placate those groups that would usually oppose ObamaCare.

Well, that deal may fall apart. Liberal Democratic Congressman Henry Waxman (D-CA) is looking to help cut the massive costs of socialized health care by taking even more money away from the private sector, including the aforementioned pharmaceutical industry.

As the health care debate focuses on whether cost cuts are looming in Medicare coverage, Representative Henry A. Waxman is on a crusade to save Medicare billions of dollars — in a way that he says would end up helping the elderly.

That is because the money would come from the drug industry, which is why Mr. Waxman may have a fight on his hands.

Drug makers contend they have already worked out a 10-year, $80 billion cost-savings deal with the White House and crucial Senate gatekeepers on the trillion-dollar health care overhaul. The industry says that trying to add Mr. Waxman’s provision could scuttle that agreement.

“You not only break the deal, but you break the bank for us,” said Billy Tauzin, chief executive of the drug industry’s trade group, the Pharmaceutical Research and Manufacturers of America, known as PhRMA.

Maybe PhRMA will finally wake up and smell the coffee. Liberal Democrats will stab it in the back the first chance they get. Barack Obama and his Congressional Democrats have spent the last 7 months doing everything possible to break or ignore legally-biding contracts. What makes PhRMA think they’ll keep their word on a simple agreement?

Lie down the dogs, come up with fleas.