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.