In Washington, momentum may be building to repeal an important funding source for the Affordable Care Act – a 2.3 percent sales tax on an array of medical devices – everything from surgical gloves to artificial joints.
The industry has raised an army to battle the provision on Capitol Hill and spent more than $200 million since 2008 on the effort.
The manufacturers’ campaign is just the latest example of why it’s hard to reform an industry that’s crying out for change.
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?