Senate Follows House in Launching Medical Device Tax Repeal Bill
Lawmakers deliver a 1-2-punch in launching parallel medical device tax repeal bills in the House of Representatives and then the Senate just a day apart.
A bipartisan group of Senators today released a bill that would repeal the 2.3% medical device tax, closely following a parallel bill released in the House of Representatives yesterday.
The pair of blows effectively reignites the medical device industry's fight against the new tax, a battle they lost last year when Congress left attempts to repeal or delay the levy out of the final fiscal cliff negotiations. The 2.3% sales tax took effect at the start of the year as prescribed by President Barack Obama's Affordable Care Act, but the war for repeal is not over.