On the recordSeptember 23, 2010
Last March I voted against ObamaCare, the government takeover of health care, in part because it imposed over half a trillion dollars of additional taxes, fees, and costs on an already struggling U.S. economy. Throughout the year-long debate, small business owners in my district and across the country expressed concerns that the bill would increase their health care-related costs. While back in my district this August, I encountered businesses already preparing to face the consequences of the over 2,000-page health care bill. Ferno-Washington, Inc., is an emergency and medical equipment manufacturing company that is based in Wilmington, Ohio, in my district. The company is preparing for the health care bill's new 2.3 percent excise tax on the sale of medical devices. The business leaders at Ferno estimate the cost of the tax puts at risk 23 jobs. Also, they are concerned that this tax will reduce their ability to fund research and development to produce cutting-edge advanced products. In Clinton County, the unemployment rate hovers around 17 percent. We cannot afford the impact of ObamaCare's tax increases upon businesses like Ferno. We need to replace ObamaCare.





