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The Protect Medical Innovations Act

Floor Speech

Date: June 24, 2015
Location: Washington, DC
Issues: Business and Consumers Taxes Health Insurance

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Mr. ALLEN. Mr. Speaker, for too long, Americans all across the Nation have felt the devastating effects of the President's healthcare plan, also known as ObamaCare. One of its many harmful provisions is the job-killing medical device tax, a $30 billion tax hike on medical device manufacturers that has crippled growth in this industry to pay for this flawed program.

For this reason, I am proud to be an original cosponsor of H.R. 160, the Protect Medical Innovation Act, which eliminates the 2.3 percent excise tax imposed on the sale of medical devices by ObamaCare and passed in the House on a bipartisan basis.

As we continue working for full repeal of ObamaCare, this is a step in the right direction to eliminate this job-killing provision in ObamaCare that hinders our economy and hurts patients' access to quality care.

I encourage my colleagues in the Senate to quickly pass this legislation to spur innovation and bring down healthcare costs.

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