The raw number -- and we do mean raw: Supporters of the repeal have contributed $39.8 million to current members of
As we reported earlier, if the $30 billion in revenue to be produced by this tax (over 10 years) is wiped out, the funds will have to be ponied up by other stakeholders in the healthcare system -- doctors and hospitals may face even deeper cuts in reimbursements, taxes on health insurance policies may rise, and -- who knows -- the employee tax break for employer-sponsored insurance may disappear.
In other words, the medical device interests have spent $39.8 million to stick you and me with their bill. And a bipartisan bloc of legislators in Congress are just fine with that. Say again who these people work for?