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Mr. EMMER of Minnesota. Mr. Speaker, I rise today to urge this body to pass the Protect Medical Innovation Act, which will repeal the 2.3 percent medical device excise tax.
This harmful tax, mandated by ObamaCare, stifles innovation, sends jobs abroad, hurts consumers, and places a heavy burden on small businesses in my State and across the country.
More than 35,000 Minnesotans are employed in the medical device industry, and thousands of Minnesotans depend on these state-of-the-art devices to enhance or even save their lives.
This bill has been stalled for long enough. It is imperative that Congress pass this legislation now to encourage the development of these innovative technologies, rather than enact laws that discourage
their creation and accessibility.
I am grateful for the tremendous work by my Minnesota colleague, Erik Paulsen. Representative Paulsen has done much to ensure the medical device industry in Minnesota continues to thrive for many years to come with this legislation.
Again, I ask my colleagues to support the Protect Medical Innovation Act and pass it immediately.
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