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Medical device tax: President Obama finally open to change, Sen. Republicans say

Fri, 10/11/2013 - 3:43pm
Mass Device

President Barack Obama is willing to consider modifying the 2.3% medical device tax, Republican Senators report after meeting with the White House.

Medical device tax: President Obama open to change, Sen. Republicans say

Efforts to repeal the medical device tax have gained unprecedented ground, with Senate Republicans emerging from a White House meeting saying that President Barack Obama is willing to consider changes to the levy.

President Obama ceded that the levy, a 2.3% excise tax on U.S. sales, is "not part of the core program" of the Affordable Care Act, long-time device tax repeal advocate Sen. Orrin Hatch (R-Utah) told reporters today. The president will consider changes to the medical device tax after federal budget negotiations have met with a resolution, meeting members added.

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