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Picking up on a point I hinted at in my post on Friday, Republicans need to think very carefully — and strategically — about repealing Obamacare’s medical device tax. There’s no question that the tax is destructive — but the same is true, on a much grander scale, of Obamacare as a whole. And we have to recognize that repealing the former on its own may make it harder to get rid of the latter.
The medical device industry has reportedly already spent $30 million trying to get the GOP to kill the tax. But if Republicans go along with that plan, the industry’s support for the broader repeal/replace agenda will evaporate as soon as they get what they want.
Here’s a solution: place a moratorium on the tax until 2017. That provides the same relief to the medical device industry in the short-term without removing their incentive to join the bigger fight. It keeps the GOP from setting a terrible precedent for providing special relief to individual corporate interests. And it avoids the appearance that Republicans care more about moneyed backers than average Americans.
For a more thorough version of this argument, you can read the piece that Hadley Heath Manning and I published last week at The Hill.
What do you think?