Legislators look to repeal medical device tax
Momentum is growing in Congress to repeal taxes on medical device sales, reports The Hill.
A bipartisan group of lawmakers are supporting new legislation introduced by Rep. Erik Paulsen (R-Minn.) that would eliminate the 2.3 percent tax on device sales. However, the effort may encounter obstacles if the lawmakers cannot find the funds to offset the revenue lost from repeal.
Read more below: