Senate's debt deal would leave device tax intact

Share this article:

This afternoon Senator Harry Reid and Mitch McConnell announced the completion of an agreement to reopen the government. The deal will tighten income verification for obtaining subsidized insurance, but leaves in the medical device tax.

The house is expected to vote on the extension tonight. If it passes, the bipartisan deal will fund the government through Jan. 15 and stave off the possibility of default until  Feb. 7.
Share this article:

Email Newsletters

More in Business Briefs

AstraZeneca takes on pediatricians

The American Academy of Pediatricians says an AstraZeneca drug for preemies should be used less often, and the drugmaker is fighting back with an ad campaign that says the new guidelines put too many at risk.

UK generic use soared in 2013

Generics made up almost 75% of prescriptions in the United Kingdom last year.

GSK refutes consumer spin-off rumor

The company refutes a Financial Times rumor that one was happening soonish.