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U.S. Senate Republicans Float Medical Tax Repeal

The Senate is beginning consideration of a bill to revive more than 50 expired tax breaks.

Senate Republicans, including Indiana senator Dan Coats, are floating the possibility of another try at repealing the medical device tax included in the health care law.

Photo: Sen. Dan Coats, R-Indiana

Senate Republicans, including Indiana senator Dan Coats, are floating the possibility of another try at repealing the medical device tax included in the health care law.

The Senate is beginning consideration of a bill to revive more than 50 expired tax breaks. Republicans are likely to offer an amendment to kill the medical device tax.

About 300 medical-device manufacturers are headquartered in Indiana and have lobbied for repeal. Indiana Democratic Senator Joe Donnelly says he’ll co-sponsor a repeal amendment if it’s introduced.

Majority Leader Harry Reid (D-Nevada) has staunchly opposed repealing the tax, saying this week that the medical-device manufacturers have increased their profits even with the tax.

Indiana Republican Dan Coats says he doubts Reid will allow a vote – he blames the White House for refusing to consider anything that would cut off a funding source for the health care law.

“President Obama has basically said, this pays for the Obamacare act. If we start down this road, there are 12 taxes in Obamacare. If we repealing these, it will just encourage efforts to repeal some of these taxes,” Coats says.

Donnelly says the amendment should specify offsetting savings in other programs to address that objection.

“With a two year delay, what it does is give us the chance – if we can’t get a permanent repeal right now – to be able to work for the next two years on putting the coalition together to get us there,” Donnelly says.

Last year, 79 senators voted for a nonbinding resolution urging repeal of the tax.

Network Indiana

Network Indiana Indiana's Only Audio News Network. Network Indiana is dedicated to providing the state of Indiana important and useful information.

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  • Susan Smith

    I am ashamed to read the lack of proper English – “If we repealing these, it will just encourage efforts to repeal some of these taxes,” Coats says.” Why not think of the real meaning and not read a clip written by one of the employees. What are you thinking?

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