The
move to eliminate a tax on medical-device manufacturers - heavily
concentrated in Pennsylvania - represents a smaller but more attainable
goal in the GOP offensive against Obamacare. Even many Democrats who
back President Obama's health law have supported repealing the tax.
The 2.3 percent excise tax on medical-device makers affects companies that manufacture a wide range of items, including stents, artificial knees, and pacemakers. It does not affect over-the-counter items such as contact lenses or hearing aids.
Toomey said the GOP realistically cannot repeal the health law while Democrats hold the White House and Senate.
"What we can and should do," he said, "is repeal the parts of this bill that we can."The 2.3 percent excise tax on medical-device makers affects companies that manufacture a wide range of items, including stents, artificial knees, and pacemakers. It does not affect over-the-counter items such as contact lenses or hearing aids.
Read more at http://www.philly.com/philly/news/nation_world/20130926_Toomey_calls_for_repeal_of_a_tax_funding__Obamacare_.html#YdTt9SYUxietAjO8.99
Posted: Thursday, September 26, 2013, 2:01 AM
Jonathan Tamari, Inquirer Washington Bureau
Posted: Thursday, September 26, 2013, 2:01 AMRead more at http://www.philly.com/philly/news/nation_world/20130926_Toomey_calls_for_repeal_of_a_tax_funding__Obamacare_.html#YdTt9SYUxietAjO8.99
The
move to eliminate a tax on medical-device manufacturers - heavily
concentrated in Pennsylvania - represents a smaller but more attainable
goal in the GOP offensive against Obamacare. Even many Democrats who
back President Obama's health law have supported repealing the tax.
The 2.3 percent excise tax on medical-device makers affects companies that manufacture a wide range of items, including stents, artificial knees, and pacemakers. It does not affect over-the-counter items such as contact lenses or hearing aids.
Toomey said the GOP realistically cannot repeal the health law while Democrats hold the White House and Senate.
"What we can and should do," he said, "is repeal the parts of this bill that we can."The 2.3 percent excise tax on medical-device makers affects companies that manufacture a wide range of items, including stents, artificial knees, and pacemakers. It does not affect over-the-counter items such as contact lenses or hearing aids.
Read more at http://www.philly.com/philly/news/nation_world/20130926_Toomey_calls_for_repeal_of_a_tax_funding__Obamacare_.html#YdTt9SYUxietAjO8.99
The
move to eliminate a tax on medical-device manufacturers - heavily
concentrated in Pennsylvania - represents a smaller but more attainable
goal in the GOP offensive against Obamacare. Even many Democrats who
back President Obama's health law have supported repealing the tax.
The 2.3 percent excise tax on medical-device makers affects companies that manufacture a wide range of items, including stents, artificial knees, and pacemakers. It does not affect over-the-counter items such as contact lenses or hearing aids.
Toomey said the GOP realistically cannot repeal the health law while Democrats hold the White House and Senate.
"What we can and should do," he said, "is repeal the parts of this bill that we can."The 2.3 percent excise tax on medical-device makers affects companies that manufacture a wide range of items, including stents, artificial knees, and pacemakers. It does not affect over-the-counter items such as contact lenses or hearing aids.
Read more at http://www.philly.com/philly/news/nation_world/20130926_Toomey_calls_for_repeal_of_a_tax_funding__Obamacare_.html#YdTt9SYUxietAjO8.99
...The move (click here) to eliminate a tax on medical-device manufacturers - heavily
concentrated in Pennsylvania - represents a smaller but more attainable
goal in the GOP offensive against Obamacare. Even many Democrats who
back President Obama's health law have supported repealing the tax.
The 2.3 percent excise tax on medical-device makers affects companies that manufacture a wide range of items, including stents, artificial knees, and pacemakers. It does not affect over-the-counter items such as contact lenses or hearing aids.
Toomey said the GOP realistically cannot repeal the health law while Democrats hold the White House and Senate. The 2.3 percent excise tax on medical-device makers affects companies that manufacture a wide range of items, including stents, artificial knees, and pacemakers. It does not affect over-the-counter items such as contact lenses or hearing aids.
"What we can and should do," he said, "is repeal the parts of this bill that we can."...
$2.4 Billion: subsidies to the Big Five producers debated and defeated in the Senate in 2011 and 2012
$4 Billion: Subsidy cuts President Obama proposed in the 2013 budget.
President Obama has proposed cutting fossil fuel subsidies every year
he’s been in office. The projections for savings have varied slightly each year but always hover around $4 billion annually. Congress has never even proposed voting on all of them.This was proposed by never passed. The Royalties to the USA are still suspended under 42 USC § 15905.
(B) DEEP WATER PRODUCTION- Section 345 of the Energy Policy Act of 2005 (42 U.S.C. 15905) is repealed. (click here)
Mr. ELLISON introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committees on Transportation and Infrastructure, Natural Resources, Science, Space, and Technology, Energy and Commerce, Agriculture, Appropriations, Financial Services, and Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned...
This is one of the most egregious laws the American people know very little about. It not only allows the drilling that killed the Gulf Coast fisheries, it provides for 'royalty free' profits by the petroleum industry. Rep. Ellison attempted to end this crony permission for exploiting USA natural resources of future generations to benefit Wall Street profiteers.
42 USC § 15905 - Royalty relief for deep water production (click here)
(b) Suspension of royalties
The suspension of royalties under subsection (a) shall be established at a volume of not less than—
(3)
12,000,000 barrels of oil equivalent for each lease in water depths of 1,600 to 2,000 meters; and
The
move to eliminate a tax on medical-device manufacturers - heavily
concentrated in Pennsylvania - represents a smaller but more attainable
goal in the GOP offensive against Obamacare. Even many Democrats who
back President Obama's health law have supported repealing the tax.
The 2.3 percent excise tax on medical-device makers affects companies that manufacture a wide range of items, including stents, artificial knees, and pacemakers. It does not affect over-the-counter items such as contact lenses or hearing aids.
Toomey said the GOP realistically cannot repeal the health law while Democrats hold the White House and Senate.
"What we can and should do," he said, "is repeal the parts of this bill that we can."The 2.3 percent excise tax on medical-device makers affects companies that manufacture a wide range of items, including stents, artificial knees, and pacemakers. It does not affect over-the-counter items such as contact lenses or hearing aids.
Read more at http://www.philly.com/philly/news/nation_world/20130926_Toomey_calls_for_repeal_of_a_tax_funding__Obamacare_.html#YdTt9SYUxietAjO8.9
The
move to eliminate a tax on medical-device manufacturers - heavily
concentrated in Pennsylvania - represents a smaller but more attainable
goal in the GOP offensive against Obamacare. Even many Democrats who
back President Obama's health law have supported repealing the tax.
The 2.3 percent excise tax on medical-device makers affects companies that manufacture a wide range of items, including stents, artificial knees, and pacemakers. It does not affect over-the-counter items such as contact lenses or hearing aids.
Toomey said the GOP realistically cannot repeal the health law while Democrats hold the White House and Senate.
"What we can and should do," he said, "is repeal the parts of this bill that we can."The 2.3 percent excise tax on medical-device makers affects companies that manufacture a wide range of items, including stents, artificial knees, and pacemakers. It does not affect over-the-counter items such as contact lenses or hearing aids.
Read more at http://www.philly.com/philly/news/nation_world/20130926_Toomey_calls_for_repeal_of_a_tax_funding__Obamacare_.html#YdTt9SYUxietAjO8.99
