[Congressional Record Volume 164, Number 123 (Monday, July 23, 2018)]
[House]
[Pages H6636-H6637]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




              PERMANENTLY REPEAL MEDICAL DEVICE EXCISE TAX

  (Ms. FOXX asked and was given permission to address the House for 1 
minute.)
  Ms. FOXX. Mr. Speaker, I rise in support of H.R. 184, the Protect 
Medical Innovation Act.
  Many medical device manufacturers in North Carolina's Fifth District 
have reported how the medical device excise tax hinders medical 
innovation, costs jobs, decreases research and development, and slows 
capital expansion.
  A fundamentally flawed policy enacted under ObamaCare, the medical

[[Page H6637]]

device excise tax was intended to spare taxpayers healthcare costs. 
Instead, it burdens those taxpayers, and innovators are the backbone of 
our economy.
  According to the Tax Foundation, the medical device tax cost 
approximately 21,800 jobs from 2013 to 2015. Furthermore, the tax is 
hidden from consumers at purchase and passed off to them in higher 
prices.
  Congress has suspended this tax twice before, and as an original 
cosponsor of this legislation, I urge my colleagues to vote for its 
permanent repeal with the Protect Medical Innovation Act this week.

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