Congress delays medical device tax for two years

WASHINGTON — Almost no one got everything they wanted out of the Monday deal to reopen the government — except perhaps medical device companies, who managed to fend off an industry-wide excise tax before the first payments were due.

The stopgap spending deal that was signed by President Trump on Monday included a two-year delay of the 2.3 percent tax, which was originally included in the Affordable Care Act to help pay for the law’s health insurance subsidies.

Industry had been clamoring for relief from the tax for months, before it took effect on Jan. 1. The first payments would have been due to the Treasury Department by Jan. 29, but the spending deal language passed Monday retroactively delayed the tax beginning on Dec. 31st, 2017.

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