Saturday, 31 January 2015

Drive to repeal medical device tax no slam dunk in Congress


FILE - In this Jan. 29, 2015 file photo, Senate Finance Committee Chairman Sen. Orrin Hatch, R-Utah leaves the Senate chamber on Capitol Hill in Washington. It flew through the Republican-run House in 2012, and a year later 79 of the Democratic-led Senate’s 100 members embraced it. With Republicans now controlling both chambers of Congress, the chances for repealing the 2.3 percent tax on medical devices are better than ever. Yet abolishing the tax won’t be easy, even though Republicans rank it a top priority and are backed by Democrats from states that rely on the industry for jobs. (AP Photo/Jacquelyn Martin, File) WASHINGTON (AP) — It flew through the Republican-run House in 2012, and a year later 79 of the Democratic-led Senate's 100 members embraced it. With Republicans now controlling both chambers of Congress, the chances for repealing the 2.3 percent tax on medical devices are better than ever.








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