Jon Tester’s Healthcare Law Is Killing Jobs In Montana

When liberal U.S. Senator Jon Tester voted for President Barack Obama’s healthcare law, it included a slew of job-killing taxes that are crushing small businesses across Montana and our country. 

The healthcare law also includes $500 billion in new taxes, including a harmful tax on the medical device community – that will hit over 175 medical device companies in Montana – and is estimated to kill 45,000 jobs nationwide. 

Additionally, the Congressional Budget Office (CBO) has stated the healthcare law will kill 800,000 jobs nationwide.

• QUESTION: “In your estimation, the health care law would reduce employment by 800,000…”
• DOUGLAS ELMENDORF, CBO Director: “Yes… there would be a reduction of 800,000 workers.” (U.S. House Of Representatives, Budget Committee, Hearing, 2/10/11)

• QUESTION: “The last question is, it’s been argued and was argued here yesterday with the chairman, that the new health care law will create jobs and increase labor force participation. But if I recall from your analysis, it was quite the opposite. Is that not the case?”
• DOUGLAS ELMENDORF, CBO Director: “Yes.” (U.S. House Of Representatives, Budget Committee, Hearing, 2/10/11)

“Jon Tester’s decision to provide the deciding vote for Barack Obama’s healthcare bill will destroy 800,000 jobs nationwide and it’s crushing small businesses across Montana,” said National Republican Senatorial Committee (NRSC) spokesman Brian Walsh.  “With over 32,000 unemployed Montanans, it’s clear Montana cannot afford Barack Obama and Jon Tester’s job-killing healthcare law.”

BACKGROUND …

The Medical Device Tax Will Kill 45,000 Jobs 

BOSTON HERALD:  “Boston Scientific’s chief executive yesterday ripped a tax on medical devices slated for 2013 and anticipated major layoffs at the Natick company if the levy — part of President Obama’s health-care overhaul — isn’t repealed.  “It’s an outrage. It is soaking one of the last remaining industries in this country that pays (higher-than-average wages),” CEO Ray Elliott said at an industry conference in New York. “We’ve been very clear: We will have a lot less employees, if somebody tags us with a hundred million dollars worth of taxes.”   Elliott’s comments came a week after trade group AdvaMed released a study finding that the 2.3 percent federal excise tax would lead to more than 45,000 job losses nationwide…” (Greg Turner, Boston Scientific CEO: Medical tax will mean job cuts, Boston Herald, 09/15/11)