[Congressional Record Volume 161, Number 3 (Thursday, January 8, 2015)]
[House]
[Pages H110-H111]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                     FIXING THE HEALTH CARE SYSTEM

  The SPEAKER pro tempore. The Chair recognizes the gentleman from 
Pennsylvania (Mr. Costello) for 5 minutes.
  Mr. COSTELLO of Pennsylvania. Mr. Speaker, it is an exciting honor to 
address the people's House for the first time.


 =========================== NOTE =========================== 

  
  January 8, 2015, on page H110, the following appeared: Mr. 
COSTELLO. Mr. Speaker, it is an
  
  The online version should be corrected to read: Mr. COSTELLO of 
Pennsylvania. Mr. Speaker, it is an


 ========================= END NOTE ========================= 

  The 114th Congress carries with it a great opportunity to address the 
challenges our Nation faces. One priority of the new American Congress 
is fixing our broken health care system. We have all heard from small 
businesses and companies who have been forced to lay off workers due to 
the President's health care law, consequently slowing innovation that 
drives our Nation and slowing the pace at which that innovation can 
improve public health outcomes for all Americans.
  This week I am proud to cosponsor H.R. 160 that will repeal the 
medical

[[Page H111]]

device tax. In southeastern Pennsylvania, innovation, investment, and 
jobs at companies such as Neuronetics and Fujirebio Diagnostics are at 
risk because of this nearly $30 billion tax hike. There are almost 600 
medical device companies that employ over 20,000 Pennsylvanians in 
good, high-paying jobs. Due to this excise tax, we have seen thousands 
of jobs lost nationwide. If we fail to act, we are on track to see 
thousands more lost.
  With my colleagues, I look forward to passing this legislation with 
bipartisan support.

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