House Dems: Repeal medical device tax by Memorial Day

Scott-Peters-480x270More than a dozen Democrats are pressuring House leadership to advance a bill that repeals ObamaCare’s medical device tax before Memorial Day.

Rep. Scott Peters (Calif.) led 17 House Democrats in a letter to Speaker John Boehner (R-Ohio) and Minority Leader Nancy Pelosi (D-Calif.) urging “timely passage” of the bill.

Peters and 17 other Democrats warned that the 2.3 percent tax on medical devices is prompting companies to slash their budgets on research and development, which they say “puts the discovery of new breakthrough medical technologies at risk.”

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About Peter Coffaro 1439 Articles
A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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