Buck Votes to Repeal Medical Device Tax
FOR IMMEDIATE RELEASE
CONTACT: Katherine Rosario, 202-226-8414
Washington – Today, the House passed the Protect Medical Innovation Act of 2015 (H.R. 160), by a bipartisan vote of 280 to 140. The bill amends the Internal Revenue Code to repeal the 2.3 percent excise tax on medical device manufacturers and importers. Congressman Ken Buck (R-CO), a co-sponsor of the bill, released the following statement:
“Washington is hurting people with the medical device tax just like it is hurting people with Obamacare as a whole. The tax burden medical device manufacturers bear gets passed onto patients in the form of more expensive health care procedures and products,” said Congressman Buck.
He continued, “America deserves a health care system that allows people to access quality care, not one that makes innovative, high quality care less accessible. The medical device tax is smothering innovation, which is critical to reducing the cost of health care products and discovering new life-saving technologies. By repealing the tax – an effort that has long had bipartisan support – we are at least partially reducing the burden that Obamacare has imposed on the American people.”
Rep. Ken Buck (CO-04) is the Freshman Class President. He serves on the House Judiciary Committee and the House Committee on Oversight and Government Reform. He serves on the OGR Subcommittees on Government Operations and the Interior and is a member of the Judiciary Subcommittees on Immigration and Border Security and Crime, Terrorism, Homeland Security and Investigations.