Baucus Upset With Medical Device Companies For "Offering Up Other People's Money"

The Senate Finance Committee is prepared to charge $100 billion in fees to the medical device industry because they "alienated" lawmakers when they refused to slash their prices as part of Obamacare. Instead, they suggested Congress tax hospital-purchasing groups instead.

Some senators, including Finance Committee Chairman Sen. Max Baucus (D., Mont.), were troubled that the device makers were "offering up other people's money," said a person close to the negotiations.

Upset they were offering up other people's money, huh?