On the recordFebruary 14, 2012
in the new health care law that passed several years ago, there is a 2.3 percent tax on medical device companies, and it is expected to raise $20 billion over the next 10 years.
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congress.gov“in the new health care law that passed several years ago, there is a 2.3 percent tax on medical device companies, and it is expected to raise $20 billion over the next 10 years.”
Barton highlights a tax on medical device companies from previous healthcare legislation.
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But I also think I speak for the majority and the minority that we hope that this is something that can move reasonably expeditiously and that means actually end up in a bill the President signs in this Congress.
I would repeal every existing regulation and law on oxygen and CAFE standards.
Thank you, Mr. Chairman, and I want to thank you, sir, for appearing voluntarily without subpoena and standing or sitting there all by yourself.
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