Congressional Panel Votes to Do Away with Tax on Eyewear

"A Republican-controlled congressional panel voted on Thursday to repeal a tax on medical devices, a key revenue provision in President Barack Obama's 2010 healthcare reform law, but the measure was not expected to become law," notes MSNBC. "Approval in the House, which is dominated by Republicans, was viewed as probable, possibly as soon as next week. But the measure faced an uphill climb in the Democrat-controlled Senate, where parallel legislation lacks bipartisan sponsors." Read more.