Rep. Urges Obama To Back Repeal Of ACA Medical Device Tax

Law360, New York (February 24, 2014, 5:47 PM EST) -- U.S. Rep. Erik Paulsen, R-Minn., called on the Obama administration on Friday to support a pending bill that would repeal the Affordable Care Act's medical device tax, saying ditching the tax would protect jobs and create more lifesaving devices in the U.S.

The medical device tax, designed to help fund implementation of the ACA, imposes a 2.3 percent excise tax on the sale or importation of certain medical devices recognized by the Food and Drug Administration, and it has received considerable pushback from lawmakers in recent...
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