Video archive of the US Congress

Senate Proceeding 12-15-09 on Dec 15th, 2009 :: 4:04:35 to 4:05:24
Total video length: 4 hours 34 minutes Stream Tools: Stream Overview | Edit Time

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Kay Hagan

4:04:31 to 4:04:36( Edit History Discussion )

Kay Hagan: higher drug prices, hher medical device prices and higher

Max Baucus

4:04:35 to 4:05:24( Edit History Discussion )
Speech By: Max Baucus

Max Baucus

4:04:37 to 4:04:58( Edit History Discussion )

Max Baucus: costs of insurance, all of which are the first taxes that will take effect. let's walk through it. starting next year, in january, three weeks from today, there will be $22 billion in taxes on prescription drug manufacturers

Max Baucus

4:04:59 to 4:05:22( Edit History Discussion )

Max Baucus: that $22 billion on drug manufacturers. so the price of prescription drugs, aspirin, anything that people take will go up because the drug manufacturers are goi to start paying a tax. $19 billion in taxes on medical device

Max Baucus

4:05:23 to 4:05:26( Edit History Discussion )

Max Baucus: medical devices that to -- hearing aids, that we use

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