On the recordJuly 24, 2018
Mr. Speaker, I yield myself as much time as I may consume. Mr. Speaker, I want to address the reference that my friend from Minnesota offered a moment ago when he referred to the device tax as mythology. I negotiated that agreement with the industry. They asked for the following: that it be applied to foreign competition. We said yes. This was done in Speaker Pelosi's office with the industry. They suggested at the time that the 5 percent tax be cut to 2.3 percent. We went along with that. Even though the United States Senate had sent over a revenue package of $40 billion, we cut it by $20 billion. So that wasn't mythology. It was the way the institution once worked, how we negotiate, go back and forth, discuss, and then come to rational conclusions that might help and acknowledge the 20 million more Americans who have coverage now under the Affordable Care Act--20 million Americans. I want to say something at this point, Mr. Speaker, if I may. In the State of Massachusetts, do you know what we are really proud of on this day? One hundred percent of the children in Massachusetts are covered with health insurance, and 97 percent of the adults in our State are covered with health insurance. It is a remarkable statistic, and it is based, in some measure, on the negotiations we had with respective industries to get this legislation over the goal line. So I know exactly what happened here, and I understand fully what negotiations mean.…





