Senate Democrats 'oppose Collins compromise plan on fiscal stalemate'

WASHINGTON (REUTERS) - US Senate Democratic leaders intend to reject a proposal by Republican Senator Susan Collins to end the fiscal stalemate, senior aides said on Saturday.

The Collins measure has drawn some bipartisan interest, but Senate Democratic leaders oppose it, contending it would give up too much, including scrapping a new medical device tax that would raise US$30 billion (S$38 billion) over 10 years for President Barack Obama's health-care law, aides said.