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Key Races for Medtech: Minnesota Congressional Race
Minnesota Congressional Race Candidate Erik Paulsen (incumbent) Brian Barnes
October 10, 2012
2 Min Read
Minnesota Congressional Race
Erik Paulsen (incumbent)
U.S. Representative for Minnesota’s third Congressional district
Manages global sales and marketing department for a Minnesota-based company
Words on Medtech
—Erik Paulsen, MDMA Annual Meeting, June 2012
—Brian Barnes, email statement to MD+DI
In January 2011, Erik Paulsen introduced the H.R. 436: Protect Medical Innovation Act and thus gets high marks from the medical device industry for his work as a leading proponent against the medical device excise tax. He received a standing ovation at MDMA’s annual meeting in June after he announced that the U.S. House of Representatives pass this bill, 270-146.
While opponent Brian Barnes has agreed that the device tax is bad for business, especially for companies in Minnesota, he disagrees with Paulsen’s approach in repealing it. In a debate with Paulsen, he said that the incumbent should have taken a bipartisan approach in to fund the bill to repeal the tax. However, Paulsen argued that the bill had bipartisan support, with every member of the Minnesota delegation voting for it (37 members for the Democratic caucus and House voting for it).
Although there is overwhelming support within the device industry to repeal the excise tax, a repeal would cause a big gap in funding to pay for healthcare reform. As for filling this hole, Paulsen proposes ensuring that anyone who is going to get a federal healthcare subsidy (determined by tax data) out of the new healthcare law and isn’t entitled to it would have to pay it back. Barnes has suggested paying for the gap by repealing some of the subsidies given to Big Oil.
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