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Ron Johnson: “The medical device tax... is a tax that literally is…”

Featuring: Ron Johnson, Republican | U.S. Senate, Wisconsin

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Sen. Johnson at Commerce Subcommittee Hearing

Published | Video Starts at 04:57

And that's very expensive regulatory process. I also want to ask your assessment of two other, I think, large dangers as it relates to advancement and innovation, and that's The medical device tax... is a tax that literally is shipping jobs overseas, certainly restraining investment in medical device manufacturers. but also the independent Payment Advisory Board, those two aspects of Obamacare. Can you comment and give us your assessment of how those two measures are hampering innovation? (04:57–05:08)

CLAIM

Asserts that the medical device tax is causing jobs to move overseas and restraining investment in medical device manufacturing.

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