EXCLUSIVE: Sen. Elizabeth Warren will seek industry's help on medical device tax repeal

February 19, 2013 by MassDevice staff

Sen. Elizabeth Warren (D-Mass.) wants to talk to the medical device industry about the U.S. Senate's latest bid to roll back the 2.3% medical device tax, seeking an acceptable pay-for to replace the revenue that would be lost with its repeal.

Newly elected Sen. Elizabeth Warren (D-Mass.) is looking to talk with medical device makers about ongoing efforts to repeal the medical device tax, although she has yet to sign her name to a new Senate bill to do just that, she told MassDevice.com today.

Warren is eager to protect U.S. manufacturing, she told us, but is wary of putting her support behind a tax repeal bill that doesn't include a "pay-for" to make up for the lost revenue the tax collects.

"I want to talk to the industry so they understand my basic position, and that is we should never increase taxes on the manufacturing that we're trying to develop in this country," she said in an exclusive interview with MassDevice.com. "So I'm very much there, but I want to talk to the industry about it."

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Warren a favorite among liberals, won her seat in November's election against incumbent Sen. Scott Brown (R), an active supporter of the medical device industry who made opposition to the medtech tax a high-profile plank in his platform. Warren has voiced her support for medical device makers and for the ongoing effort to repeal the 2.3% levy created by the Affordable Care Act, perhaps most notably in an exclusive editorial she wrote for MassDevice.com in April 2012.

News Well, Capitol Hill, Medical Device Tax