But the new tax hits employers regardless of profitability, and has already resulted in layoffs and additional delays in new products reaching the market.
Charles Boustany: “But the new tax hits employers regardless of profitability, and has already resulted in layoffs and additional delays in…”
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Boustany explains the adverse effects of the new tax on employers and innovation.
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We are seeing the costs going up. And of course what the President is proposing is higher taxpayer liability.
I am pleased to yield 4 minutes to the gentleman from Tennessee (Mr. Roe), who is the chairman of the Physicians Caucus.
This is an absolutely essential amendment because we need more transparency about methods and how these assumptions are built into what they are proposing. Mr. Chairman, I yield 2 minutes to the gentleman from Georgia (Mr. Loudermilk).
I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 3, line 13, strike ``; and'' and insert a semicolon. Page 3, line 15, strike the period at the end and…





