Today, the House passed H.R. 160, the Protect Medical Innovation Act, which repeals Obamacare's 2.3 percent excise tax on the manufacturer, producer, or importer of covered medical devices, by a vote of 280-140. Following passage of H.R. 160, Congressman French Hill (AR-02) released the following statement:
"The Medical Device Tax is yet another failed policy of Obamacare that not only stifles innovation and costs good-paying jobs, but also threatens access to live-saving and life-improving devices, on which many Americans depend. I am proud to be an original cosponsor and strongly encourage the Senate and President follow our lead and do their parts to ensure this unnecessary tax is repealed."