Posted: Jun 7, 2012 4:49 PM
Source: Associated Press
WASHINGTON - The House has shrugged off a veto threat and passed legislation repealing a tax on companies that produce many medical devices sold in the United States.
Lawmakers approved the measure 270-146. Majority Republicans won support from three-dozen Democrats representing states where medical equipment makers have a heavy presence like Minnesota and Pennsylvania.
Republicans and device makers hoped Thursday's vote would build pressure on the Senate to approve the bill. But Democrats who run that chamber have said they have no plans to consider yet another GOP effort to weaken President Barack Obama's health care law.
The tax was created by that law to help finance it. It would levy a 2.3 percent tax on makers of medical devices sold in the U.S., while exempting consumer items like eyeglasses.