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Public Statements

Health Care and Education Reconciliation Act of 2010

Floor Speech

By:
Date:
Location: Washington, DC

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Mr. BROWN of Massachusetts. Mr. President, I thank Senator Roberts for bringing this very important issue to the forefront. Many of you know I live in Massachusetts. We have over 225 medical device companies there. Before I got here, I visited many of them and the message was very clear, that if in fact that 3-percent medical device tax goes into effect, it is virtually all of their profit for many of these young companies and established companies.

Placing a tax on medical devices, in my opinion and their opinion, will dramatically affect jobs, not only in Massachusetts but throughout the country.

Unemployment in my State is hovering near 10 percent and we should be doing everything we can at this point to create jobs and stimulate the economy. I am hopeful that in the effort I made in the beginning for a bipartisan effort to start jobs with the first jobs bill that we can look at the areas we are trying to focus on to make this bill better. I am hopeful once again, through the Senator's leadership and that of Senator Roberts and others who sponsored it, we will look twice at what we are trying to do here in order to pay for the so-called health care bill.

As we are in the middle of a 2-year recession, taxing companies, especially vibrant companies throughout my State and throughout the country, I am fearful they will leave and go to other countries to do their business.

I yield the remainder of my time.

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