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Room for Daylight on Medical Device Tax Repeal?

Thu, 04/18/2013 - 2:54pm
Mass Device

Treasury secretary Jacob Lew gives a sliver of daylight to the medical device tax repeal movement during testimony before a Senate budget panel this week.

Supporters of repealing a 2.3% levy on all U.S. sales of medical devices got a sliver of daylight this week after U.S. treasury secretary Jacob Lew said there might be room to revisit the tax.

"Maybe there's a way of looking at it differently than the way it was designed," Lew told Sen. Kelly Ayotte (R-N.H.) during testimony before the Senate budget committee April 16.

Ayotte asked the treasury chief if President Barack Obama supported repealing the tax, citing a recent bipartisan but symbolic vote in the upper chamber to repeal the tax.

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