Opinion Contributor

Election could erase medical device tax

President Barack Obama signs the Affordable Care Act in the East Room of the White House in Washington. | AP Photo

Democrats gave Americans a look at their vision for the country with ACA, the author writes. | AP Photo

If there’s one thing Republicans and Democrats agree on these days it is that this upcoming election represents a clear choice for the American people. This election is a choice between two very different visions for our country. It’s an election about jobs. It’s an election about how to best strengthen our economy. It’s an election about how to secure a better future for our children and grandchildren.

While Democrats had total control of both the White House and the Congress, they gave Americans a look at their vision for the country by jamming through an unpopular and partisan government-run health care plan, which included a damaging tax on the medical device industry. Just recently, Cook Medical announced it is scrapping its plans to build five plants that would have created hundreds of jobs because of this new tax in Obamacare. Now as more companies report potential layoffs and plans to outsource good-paying jobs due to this disastrous law, some supporters of Obamacare are changing their tune.

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A few weeks ago, Indiana’s former Senator Evan Bayh called on Congress to repeal the medical device tax even though he was the 60th vote needed to pass the president’s health care law that created this tax in the first place. Representative Joe Donnelly, Indiana’s Democratic candidate for Senate, also now regrets the medical device tax despite voting for Obamacare.

The narrative of Democrats who run for federal office in Indiana and other more conservative states is well known. They say one thing at home but then do another thing when in Washington alongside Harry Reid and Nancy Pelosi.

Although intended to fix the nation’s broken health care system, the president’s signature legislation – passed by congressional Democrats – is killing opportunities for job creation in one of our country’s most promising industries.

The medical device industry provides examples of true American success stories. Cook Medical’s founder, Bill Cook, a revolutionary pioneer in the industry started with an idea for a new type of catheter. He began making the device out of the spare bedroom of his apartment, and over time, Cook grew his Bloomington, Ind.-based company into the world’s largest family-owned medical device manufacturer.

Today Cook Medical is an international leader in medical health care manufacturing, producing medical technologies that are enhancing and saving lives across the globe. The vision of Bill Cook not only provided a strong heartbeat for his patients, but also for his community, state and country. The business he built remains an important Hoosier employer with a long history of corporate reinvestment in the state.

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