House Democrats Float Another Medical Device Tax Repeal Bid

Monday, April 20, 2015

Source: Mass Device

House Democrats last month introduced yet another bill that would do away with the medical device tax enacted as part of Obamacare.

Sponsored by Rep. Alma Adams (D-N.C.), H.R. 1533 or the "Medical Device Tax Elimination Act" mirrors a similar bid in the Upper Chamber put up by Sen. Ed Markey (D-Mass.). Both bills would replace revenues lost by repealing the tax by closing loopholes for the oil & gas industry.

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