- OVERNIGHT HEALTH: House prepares to repeal device tax
The debate intensified Wednesday over House Republicans’ latest healthcare repeal bill. The House is slated to vote this week on the measure, which would repeal the Affordable Care Act’s tax on medical devices and its restrictions on the use of health savings accounts.
The U.S. Chamber of Commerce announced Tuesday that it would score the proposal as a “key vote,” calling the device tax “punitive.”
“The tax will undermine America’s global leadership position in product innovation, clinical research, and patient care, while also undermining the industry’s ability to create and maintain well-paying jobs in the United States,” the Chamber said in a statement.
The White House, meanwhile, threatened to veto the bill if it reaches President Obama’s desk — which it probably won’t. The administration noted that Republicans would make up for the lost revenue from the device tax by changing the way individuals and families would repay tax credits provided under the healthcare law.
- Romney: Obama ‘knowingly’ held back economy to pass healthcare reform
Mitt Romney charged Wednesday that President Obama and his advisers knew the law would hurt the recovery.
- Senior lobby promotes effort against Medicare cuts
The nation’s most powerful senior lobby is drawing attention to its efforts against Medicare cuts with a new ad campaign.
The push comes as projections show an increasingly dire fiscal future for the program. According to a Congressional Budget Office report out Tuesday, federal spending on healthcare entitlements will nearly double as a percentage of GDP by 2037.
On Wednesday, AARP launched a television commercial to air on network, cable news and lifestyle channels that encourages Americans to “make your voice heard” on Medicare and Social Security issues by visiting a site sponsored by the group.
- Analysis: HHS has missed nearly half of healthcare law’s deadlines
The Health and Human Services Department has missed nearly half of its legal deadlines while implementing President Obama’s healthcare law, according to an analysis by the American Action Forum.
HHS has faced 42 statutory deadlines in the roughly two years since the Affordable Care Act became law — and it missed 20 of them, according to the AAF’s count.
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