Budget cuts hijack medical device and patent fees

  • Article by: Jim Spencer , Star Tribune
  • Updated: August 4, 2013 - 9:04 PM

Companies now must battle for relief via legislation in Congress — or perhaps even lawsuits.

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serfdumbAug. 4, 13 9:25 PM

If people want to complain about sequestration, feel free to call Obama and his cronies. They came up with the idea. They knew they would not quit spending and this was their answer. They got exactly what they wanted. I can't wait for all the savings that Obama care will bring when fully implemented. BTW, it needs to be imposed in an election year. Obama cannot skirt his own law and delay it. Maybe someone should have read the bill before passing it. Hmmm. Nah, silly thought.

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serfdumbAug. 4, 13 9:27 PM

In recent years, people who want patents or who have medical devices they want approved have paid millions of dollars in increased fees that were supposed to be used to streamline the process. - Sounds a lot like bribery the way the story is written. If I want something done, I would need to pay millions to go to the front of the line or be fast tracked... Hmmm. Sounds odd to me... Nah, nothing to see here, move along.

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serfdumbAug. 4, 13 9:34 PM

Late last week, Minnesota Sen. Al Franken and several others, including leaders of the Appropriations Committee, introduced a bill in the Senate to shield the device industry user fees from the automatic budget cuts. - Lest we not forget, both Al and Amy, voted for the user fee. Or, why don't we call it what it is. Obama's Medical Device TAX! But, lets see, nobody read that one either, until they read it, and then something needed to be done. But see, Al and Amy don't have it done... Way to go!

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serfdumbAug. 4, 13 9:40 PM

On the medical device side, increased user fees legally designated to speed up the Food and Drug Administration (FDA) review of new products reside in a similar limbo. - Once again, this is the FDA's job. Why are they demanding or needing more money to do their originally stated job? One answer, government. No need to be efficient or cost effective. Nothing to see here, move on.

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kilofoxAug. 4, 13 9:46 PM

Surprise another sequester sob story. Obama asked for this, the Republicans just called his bluff. Time to move on.

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honeybooAug. 4, 1310:42 PM

I wish Obama had never devised sequestration. It's killing America.

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gofurnuttAug. 4, 1310:47 PM

Noooo DumbSerf, The Sequestration was the only way that the Current Obama Administration Could get the Foot Dragging Republican Led House To Raise The National Debt Limit For goods and services already spent to be approved and raised. The Republicans and Democrats both set the Cuts In the Sequestration to appear as to be so Drastic that Surely they wouldn't come to that Cliff again...The Initial Foot Dragging by the Republican House already had caused our Debt Rating to Be Lowered...Annnd,It'll probably Happen Again... What'll the Republicans Hold Hostage of The Federal Governments this go around to Pay Bills already Incurred???? Requirement of Ronald Reagans Face On Mt. Rushmore.....

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idiocracy2uAug. 4, 1311:57 PM

goodfurnuttn: The debt ceiling never should have been raised. The problem is not revenue, it is spending. There are some that will never understand that. Most of them don't know how to budget, walk away from their homes after willingly signing a contract, and expect someone else to bail them out. I guess the responsible ones may be the dumb ones, but we sleep with a clear conscience.

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jugglerAug. 5, 13 2:49 AM

Another problem created by too much Government that Government is now trying to fix by adding yet another layer of Government B.S.

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milkman53Aug. 5, 13 4:30 AM

Eric Paulsen claims to be working closely with medical device companies as they are a good source of jobs for Minnesotans. Seems his support for sequester challenges that claim.

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