[Congressional Record (Bound Edition), Volume 161 (2015), Part 1]
[House]
[Pages 262-263]
[From the U.S. 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.
  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 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.

[[Page 263]]



                          ____________________