GOP, Dem Lawmakers Differ on Strategies To Repeal Device Tax
This article was originally published in The Gray Sheet
While Republican Congressman Pitts says he wants to inject language to repeal the 2.3 percent excise tax as part of a GOP ObamaCare “Off-Ramp” bill expected this summer, Democratic Senator Klobuchar says she is working on finding a pay for by the end of the year that would appease her Democratic colleagues and the White House.
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There are at least 10 Democrats in the Senate who have either introduced device tax repeal bills in the most recent legislative session or signed on as cosponsors to a repeal bill. Those lawmakers could join all Republicans in the Senate to pass permanent repeal, but a busy Senate agenda and fiscal concerns could stand in the way.
Sen. Debbie Stabenow, D-Mich., said the harsh impact of the device tax on industry after deductions are accounted for is less than a B. Braun official at an April 23 Senate Finance Health Care Subcommittee claims.
AdvaMed and MDMA simultaneously released survey results from their member companies arguing the tax has hurt jobs and investment in the industry and will continue to do so if it is not repealed.