10 Senate Dems Line Up On Paper Behind Device Tax Repeal
Executive Summary
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.
You may also be interested in...
US Midterms: Industry Loses Some Supporters In Congress, But Retains Many
With most of the Nov. 6 election tally completed, it’s clear there will be many new faces for the device industry to engage with in the halls of Congress, but the sector still appears to have a significant group of supporters on Capitol Hill. Also, several medtech-relevant measures were on the ballot.
Voters Likely To Pick And Choose Among Device Industry Favorites In Close Races
Among the very tight Republican and Democrat contests anticipated in this November’s US midterm elections are more than a few device industry-favored candidates, according to a review of the incumbents’ voting records and recent polling data.
US House Votes To Permanently Repeal Device Tax
Lawmakers in the House voted July 24 to permanently repeal the 2.3% medical device excise tax, even as Democrats from Massachusetts and New Jersey vigorously opposed repeal, saying the tax revenue is still needed to uphold the Affordable Care Act. But action in the Senate is unpredictable.