Good Morning –
Welcome to Chapter 15 of Cheri Tales. This troubling tale focuses on Cheri Bustos and her support for ObamaCare which is already causing damage for job creators in Illinois. Recently, Cook Medical, which has a location in Canton, was set to build factories throughout the Midwest that would employee up to 300 people each but thanks to Cheri Bustos’ ObamaCare and its massive tax on medical devices, Illinois families can kiss those jobs goodbye.
In Cheri Bustos’ healthcare law is a 2.3 percent tax on sales of all medical devices. This law, and its tax increase, is already proving to be disastrous to medical device makers looking to expand like Cook Medical. So why would Cheri Bustos support this healthcare takeover which will stop job creation in Illinois?
A spokesperson for Cook Medical said this on the new massive tax from Bustos’ healthcare takeover:
"This is the equivalent of about a plant a year that we're not going to be able to build," a company spokesman told FoxNews.com.
He said the original plan was to build factories in "hard-pressed" Midwestern communities, each employing up to 300 people. But those factories cost roughly the same amount as the projected cost of the new tax.
"In reality, we're not looking at the U.S. to build factories anymore as long as this tax is in place. We can't, to be competitive," he said. (Fox News, 7/27/12)
NRCC Statement: “Cheri Bustos has a history of supporting job-destroying policies as an East Moline Alderman and now she is already costing Illinois jobs with her support of Nancy Pelosi’s job-destroying government takeover of healthcare. Just imagine how much more damage Cheri Bustos will do if she makes it to Congress.” - NRCC Spokeswoman Katie Pril