Sunday, May 26, 2013

The Best Defense of the Medical Device Tax I've Seen....

Michael Hiltzik of the Los Angeles Times has written what is the best and clearest defense of the Affordable Care Act's "medical device tax."

One of the ACA's primary funding sources, the MDT has come under bi-partisan fire and the Senate voted last March to repeal it, 79-20, with 33 Democrats voting for repeal. While the vote was mostly symbolic, its shows how many Democrats have decided that it would be ok to defund this part of Obamacare and let the chips fall where they may. Most assuredly, such votes are in response to localized political pressure.

Hiltzik does a good job at breaking down the arguments in favor of repeal and describes the effect on the overall impact of the ACA should the MDT be removed.

Read the column here: 

Source:

http://www.latimes.com/business/la-fi-hiltzik-20130522,0,1622096.column

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