US government permanently repeals medical device excise tax
by John R. Fischer, Senior Reporter | December 23, 2019
A number of proposals for repealing the tax have been made over the last four years, with one of the most recent taking place in March when Senator Pat Toomey (R.-Pa.) and senator and 2020 presidential contender Amy Klobuchar (D.-Minn.) submitted a bill calling for its elimination.
"The specter of the reimposition of the punitive medical device tax threatens patients, American jobs, and medical innovation," said Senator Toomey in a statement at the time. "It's time to end this uncertainty once and for all and finally repeal the medical device tax.”
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The agreement was made up of two spending bills, one of which contained the measure of repeal for the tax.
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