Tuesday, December 11, 2012

Democrats seek delay in Obamacare Medical Device Tax

From AJC:
How cute: Fifteen Democratic senators who voted for Obamacare back in 2009 are asking Senate Majority Leader Harry Reid to see that the excise tax on medical devices is not implemented for now.

[The Democratic senators made the argument to Mr. Reid that] Rather than moving forward with another punitive tax on a particular industry, it would be preferable “to develop a long-term solution to help move our economy forward, reduce our debt and reform our tax code…”

Not moving forward with this tax “will benefit patients, innovators and boost our country’s economic growth.”

All of which are arguments that would have been helpful for these Democrats to make three years ago when they were rushing to pass Obamacare in the first place. Conservatives made these very same arguments at the time, only to have Democrats ram the law through Congress anyway.

It turns out that some of these senators represent states where the medical-device industry is particularly important. I guess they had to pass the bill to find out what was in it.