AdvaMed and other medtech lobby groups have been going to the mat over the past year to permanently repeal the 2.3% medical device excise that industry argues is stymieing innovation and preventing new hires. Despite their efforts and wide bi-partisan support for the repeal, AdvaMed CEO Scott Whitaker says he's frustrated with the lack of progress in Congress.
While he is optimistic the tax will not come into effect as scheduled in January, Whitaker says he's not as optimistic about being able to get a permanent repeal by the Jan. 1 deadline
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