Device tax repeal amendment fails in Senate

The movement to repeal the impending medical device tax faces even longer odds after a floor amendment failed in the Senate. Sen. Orrin Hatch (R-UT) tried to attach a repeal of the 2.3% levy to a Democrat-sponsored bill that would extend small-business tax cuts, but the motion failed as the majority voted to end debate on the issue, MassDevice reports. Hatch has 29 co-sponsors for a Senate version of the tax repeal bill the House passed last month, but it has thus far failed to gain any traction in the upper chamber. Report

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