Obamacare medical device taxes lead to direct layoffs in Massachusetts. Democrat's Ed Markey and Stephen Lynch voted to hurt Bay State Jobs and families that even Senator Warren opposed. Mass GOP press release below:
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For Immediate Release
February 4,
2013
Contact:
Tim Buckley
617-947-8670
100 Newly Unemployed Can Thank
Markey, Lynch
BOSTON-
The 100 workers laid off by an Andover medical-device manufacturer can
thank Democratic Senate candidates Ed Markey and Steven Lynch for the loss of
their jobs. Congressmen Markey and Lynch each voted for the $30 billion excise
tax on medical device manufacturers, which was cited by Smith & Nephew as
the direct cause of the layoffs from its Andover and Memphis
locations.
"This excise tax is so bad for Massachusetts workers that even
Senator Warren opposes it, but that didn't stop Markey and Lynch from hurting
Bay State families and jobs in the name of their liberal agenda," said
Kirsten Hughes, MassGOP Chairman. "Neither Markey nor Lynch deserve a
promotion to U.S. Senator because each has failed the families of Massachusetts
in Congress, as evidenced by their embracing job-killing
legislation."
Background:
An Andover
Medical Device Company Laid off 100 People Friday To Cope With Medical Device
Tax. “A medical company is blaming President Obama’s health care law
for the layoffs of nearly 100 people. Smith & Nephew says a 2.3 percent
excise tax on medical devices in the “Obamacare” law caused the layoffs in the
Memphis and Andover, Mass., offices.” (Medical
Company Blames ‘Obamacare’ For Layoffs Of Nearly 100 People,” CBS DC,
2/1/13)
In June
2012, Ed Markey And Stephen Lynch Voted Against Repealing The Job-Destroying
Medical Device Tax. “Passage of the bill that would repeal an excise
tax of 2.3 percent on medical devices created under the 2010 health care
overhaul. It also would repeal the overhaul law’s restrictions on using
tax-preferred accounts to pay for over-the-counter drugs and allow individuals
to recoup up to $500 of unused funds that are left in their flexible-spending
arrangements (FSAs) after the end of a plan year. It also would make individuals
who receive subsidies to help buy coverage in the state insurance exchanges
liable for the full amount of any overpayments.” (H.R. 436, CQ Vote #361: Passed 270-146: R 233-0; D
37-146, 6/7/12, Markey and Lynch Voted Nay)
Elizabeth
Warren Said Repealing The Medical Device Tax Was “Essential.” “Three
changes in government policy are essential: a more efficient regulatory system
at the FDA, repeal of the medical device tax, and an increased national
commitment to research and education.” (Elizabeth
Warren, Op-Ed, “A Climate For Innovation,” Mass Device,
4/17/12)
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