Sen. Elizabeth Warren Will Seek Industry's Help on Medical Device Tax Repeal
Sen. Elizabeth Warren (D-Mass.) wants to talk to the medical device industry about the U.S. Senate's latest bid to roll back the 2.3% medical device tax, seeking an acceptable pay-for to replace the revenue that would be lost with its repeal.
Newly elected Sen. Elizabeth Warren (D-Mass.) is looking to talk with medical device makers about ongoing efforts to repeal the medical device tax, although she has yet to sign her name to a new Senate bill to do just that, she told MassDevice.com today.
Warren is eager to protect U.S. manufacturing, she told us, but is wary of putting her support behind a tax repeal bill that doesn't include a "pay-for" to make up for the lost revenue the tax collects.
"I want to talk to the industry so they understand my basic position, and that is we should never increase taxes on the manufacturing that we're trying to develop in this country," she said in an exclusive interview with MassDevice.com. "So I'm very much there, but I want to talk to the industry about it."