Medical device makers in Indiana pursuing repeal of tax

Indiana medical device manufacturers are hopeful that a recent bill — co-sponsored by U.S. Senators Dan Coats and Joe Donnelly — will pass with enough support to end a tax that they call burdensome and stifling to innovation.

But it must first survive a likely veto by President Barack Obama and if passed, it would remove billions in funding used to implement of the Affordable Care Act, more commonly known as Obamacare.

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