Obama shows interest in Republican debt limit, funding plan -Sen. Collins

Reuters

WASHINGTON, Oct 11 (Reuters) - U.S. Republican Senator SusanCollins said President Barack Obama on Friday expressed interestin elements of her plan to extend the federal debt limit andreopen the government, but "did not endorse it."

Collins said that during a meeting with Republican senatorsat the White House, Obama did not reject outright part of herplan that calls for a repeal of a tax on medical devices, whichwill help fund insurance subsidies in Obama's signaturehealthcare reform law, known as Obamacare.

"He obviously did not agree with my descriptions of thenegative impact of the tax. But he clearly also recognizes thatit is not the heart of Obamacare in any way, and that as long asthe revenue is replaced, as I proposed, that it does not hurthis signature program," said Collins, who is from Maine.

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