House votes to repeal Obama-era tax on some medical devices
Share
Tweet
July 25, 2018
WASHINGTON (AP) — The House has voted to repeal a tax on some medical devices that has helped finance President Barack Obama's health care overhaul.
Revoking the 2.3 percent tax has been a longtime goal for Republicans and some Democrats from states that are home to device manufacturers. Tuesday's vote was 283-132.
Repeal proponents say the levy kills jobs and hurts manufacturers. Opponents and some outside analysts say its impact is trifling.
The tax doesn't apply to items purchased by consumers like eyeglasses and hearing aids.
The levy had already been suspended through 2019. It's estimated...
For access to this article please
sign in or
subscribe.
Reader Comments(0)