Category: U.S. House of RepresentativesSyndicate content

Congress moves to punish Medtronic and other 'corporate deserters'

August 5, 2014 by Arezu Sarvestani

Democrats in the Senate and House push a measure to withhold federal contracts from companies that move their headquarters overseas to find better corporate tax rates.

Senate moves to punish Medtronic and other 'corporate deserts'

A handful of Democrats in Congress are hoping to curb a corporate exodus by threatening to withhold federal contracts from firms that shift their headquarters overseas to benefit from lower tax rates.

Edwards CEO talks innovation and regulation on Capitol Hill

July 30, 2014 by Arezu Sarvestani

Edwards Lifesciences chairman & CEO Michael Mussallem warns Congress that healthcare regulators and payers are cultivating an "alarming and documented decline in U.S. medical innovation."

Edwards CEO talks innovation and regulation on Capitol Hill

Camp's tax reform bid would repeal medical device tax

February 27, 2014 by Brad Perriello

A tax reform package from Rep. Dave Camp (R-Mich.) would repeal the 2.3% tax on U.S. sales of medical devices enacted along with the Affordable Care Act.

Camp's tax reform bid would repeal medical device tax

A comprehensive tax reform plan put together by Rep. Dave Camp (R-Mich.) would do away with the medical device tax contained in Obamacare, but the package appears to be a dead letter in Washington after Republican leaders cast doubt on its chances for a vote this year.

Camp, chairman of the House Ways & Means Committee, said it's high time the U.S. overhauled its tax code, which hasn't seen a major revision since 1986.

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Open letter to Obama: Repeal the medtech tax

February 25, 2014 by Arezu Sarvestani

Rep. Erik Paulsen (R-Minn.) urges President Barack Obama ahead of Minnesota visit to take mercy on medical device makers, which have faced layoffs and R&D cuts in the wake of the 2.3% medical device tax.

Open letter to Obama: Repeal the medtech tax

President Barack Obama is slated next month to make a visit to one of the medical device industry's primary hubs in Minnesota, and medtech advocates are hoping to use the occasion to emphasize efforts to repeal a 2.3% sales tax that hit the industry last year.

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Health reform champion Rep. Waxman to retire

January 31, 2014 by Arezu Sarvestani

The House of Representatives stands to lose an important sponsor of the Affordable Care Act and an active voice in healthcare reform as Rep. Henry Waxman (D-Calif.) announces plans to retire.

Health reform champion Rep. Waxmax to retire

The Affordable Care Act is poised to lose one of its greatest House of Representatives allies with the retirement of Rep. Henry Waxman (D-Calif.), announced this week.

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Senate OKs $1T omnibus budget deal, restoring FDA user fees

January 17, 2014 by Brad Perriello

The U.S. Senate approves a $1.012 trillion budget bill that includes the restoration of FDA user fees held in abeyance by sequestration.

Senate OKs $1T omnibus budget deal, restoring FDA user fees

The U.S. Senate yesterday approved an omnibus, $1.012 trillion budget bill that includes the restoration of some $85 million in user fees from medical device and pharmaceutical companies that was held in abeyance by sequestration.

President Barack Obama, who has until midnight tomorrow to sign the measure into law, is expected to quickly add his signature after the 72-26 vote in the Upper Chamber.

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Rep. Charlie Dent's jobs bill would repeal medtech tax

January 15, 2014 by Arezu Sarvestani

Rep. Charlie Dent (R-Pa.) plans to introduce new legislation that would repeal the medical device tax alongside measures to restore emergency unemployment assistance.

Rep. Charlie Dent's jobs bill would repeal medtech tax

Rep. Charlie Dent (R-Pa.) is taking another swing at the medical device tax, including a repeal measure in a jobs bill that he plans to introduce this week.

Dent's legislation would strike the medtech levy alongside measures to restore emergency unemployment benefits, which he plans to pay for through a change the child tax credit, and measures to authorize the Keystone XL oil sands pipeline, Politico reported.

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