Imagining More of the Same

A year from now she may be president.
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But tonight (per page 130 of this book) she is just another pandering hypocrite:

Medtronics is the primary supplier of insulin pumps and – with St. Jude Medical and Boston Scientific – also of implantable defibrillators. These three behemoths are based in Minnesota and Massachusetts, which is likely why Al Franken, Amy Klobuchar, and Elizabeth Warren, some of our most liberal senators, have all “worked across the aisle” with Republicans to support repeal of the medical device excise tax, a 2.3 percent tax on all medical devices that was meant to finance the Affordable Care Act. Senator Franken said the tax would “stifle technological innovation,” even though a report by the Congressional Research Service said the effect would be “negligible.”

Companies in the device industry spent $32.8 million on lobbyhing in 2014 to get rid of the tax, with top individual donations going to Senators Franken ($47,249) and Klobuchar ($39,900). It was a success. Congress suspended the tax for two years in December 2015, saving the industry an estimated $3.4 billion on revenues that are currently estimated to be in the range of $150 billion.