The House passed legislation Thursday that would repeal the healthcare reform law’s tax on medical device manufacturers.
The measure won the support of 37 Democrats despite a veto threat from the Obama administration.
The bill was approved 270-146 after a debate in which Republicans said members of both parties support repeal of the 2.3 percent tax, which was created by the 2010 healthcare law. GOP lawmakers also said the bill’s proposal to pay for the lost $29 billion in government revenue has been supported by Democrats.
To pay for the repeal, the bill would require all overpayments of health insurance subsidies provided in the healthcare law to be recaptured. Under current law, only some of these overpayments must be returned to the government.