The Senate on Thursday approved a bipartisan budget amendment calling for the end of a medical device tax enacted as part of President Obama's healthcare reform bill.
“Today’s action shows there is strong bipartisan support for repealing the medical device tax, with Democrats and Republicans uniting behind our effort,” Klobuchar said. “I will continue to work to get rid of this harmful tax so Minnesota’s medical device businesses can continue to create good jobs in our state and improve patients’ lives.”
The 2.3 percent tax has proven unpopular since passed in 2010, but was key to ensuring that the Obama healthcare law did not add to the deficit.
The budget resolution is not binding, so even if the Senate resolution is reconciled with a competing House version, the device tax would still be in effect.
Senate Finance Committee Chairman Max BaucusMax Sieben BaucusBiden nominates Nicholas Burns as ambassador to China Cryptocurrency industry lobbies Washington for 'regulatory clarity' Bottom line MORE (D-Mont.), whose committee controls tax policy, voted "no" on the amendment.
“Today’s bipartisan vote to repeal the medical device tax is an important step in the right direction. Unfortunately, ObamaCare remains a job-killer that grows the government and slows the economy, which is why it’s important to repeal the whole thing," Senate Minority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellOn The Money — Democrats tee up Senate spending battles with GOP The Memo: Powell ended up on losing side of GOP fight Treasury to use extraordinary measures despite debt ceiling hike MORE (R-Ky.) said after the vote.