BOSTON (AP) - Medical device makers are warning of job losses and other consequences if a 2.3 percent excise tax takes effect on Jan. 1, as scheduled.
The tax is one of several imposed on segments of the health care industry to pay for President Barack Obama's health care overhaul.
Lobbyists representing the medical device industry have been urging Congress to include a postponement of the tax as part of any compromise to avert the so-called fiscal cliff.
A number of Massachusetts Democrats who otherwise strongly support the president's health care plan, including Sen. John Kerry and Sen.-elect Elizabeth Warren, have also called for a delay or repeal of the tax.
An industry group says nearly 24,000 people in Massachusetts work for medical device companies, which generate about $13 billion in annual sales.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
A local road project more than two decades in the making won't save drivers as much time as many had hoped.
The University of Texas Board of Regents adjourned Thursday without taking action on the job status of embattled UT President Bill Powers.
Longhorns coach Mack Brown talked with reporters Thursday for the first time since reports surfaced this week that he could be stepping down.
Two men were arrested and a third was being sought by police for the shooting death of 47-year-old Russell Martens.
Parking arrangements are a bit different this year at Austin's Trail of Lights, but there are options to suit just about anybody.
After two hours of discussion regarding the final design for Auditorium Shores, the Austin City Council decided to approve the design on a vote of 7-0 with amendments.