Medtronic spent $1.18 million lobbying in 2Q
Medtronic spent $1.18 million to lobby federal government in second quarter
On Thursday September 29, 2011, 4:51 pm EDT
WASHINGTON (AP) -- Medtronic Inc., the world's largest medical device maker, spent nearly $1.18 million lobbying Congress in the second quarter on issues affecting its implants, according to a recent disclosure form.
The Minneapolis-based company's lobbying budget was down from the $1.3 million spent in the first quarter of the year. Medtronic spent $829,200 on lobbying in the second quarter of 2010.
The company markets thousands of medical devices, including pacemakers, implantable defibrillators and spinal implants.
Medtronic lobbied on provisions of the health care bill signed into law last March, including a vigorously contested 2.3 percent tax on certain implants that goes into effect in 2013. The tax is designed to raise over $20 billion in revenue over the next decade to expand health coverage to uninsured Americans.
Medtronic spent $1.18 million to lobby federal government in second quarter
On Thursday September 29, 2011, 4:51 pm EDT
WASHINGTON (AP) -- Medtronic Inc., the world's largest medical device maker, spent nearly $1.18 million lobbying Congress in the second quarter on issues affecting its implants, according to a recent disclosure form.
The Minneapolis-based company's lobbying budget was down from the $1.3 million spent in the first quarter of the year. Medtronic spent $829,200 on lobbying in the second quarter of 2010.
The company markets thousands of medical devices, including pacemakers, implantable defibrillators and spinal implants.
Medtronic lobbied on provisions of the health care bill signed into law last March, including a vigorously contested 2.3 percent tax on certain implants that goes into effect in 2013. The tax is designed to raise over $20 billion in revenue over the next decade to expand health coverage to uninsured Americans.