Stock Ownership Up In Congress: Maximizing Public Good Or Portfolios?

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When Sen. Max Baucus (D-Mont.) this summer proposed a $4 billion tax on medical-device firms to help offset the cost of health-care reforms, an unusual mix of lawmakers joined in a chorus of protest.

Sen. John F. Kerry (D-Mass.), a liberal from the Northeast, warned that the tax could undermine companies developing "new technology that saves lives and money."

Read the whole story at The Washington Post