House Votes to Repeal Obamacare Tax Once Seen as Key to Health Law
Source: MSN
WASHINGTON In the heat of the legislative fight over the Affordable Care Act, Obama administration officials argued that including a steep tax on high-cost health insurance plans would hold down soaring costs by prompting employers to rein in such plans and force employees to spend more of their own money on their care.
On Wednesday, that feature, once considered central to Obamacare, was dealt a blow by an unlikely foe: Democrats.
The House voted almost unanimously to repeal the tax, not only a key cost-containment provision in Barack Obamas signature health law but also one of the main ways it was supposed to pay for itself.
Read more: https://www.msn.com/en-us/news/us/house-votes-to-repeal-obamacare-tax-once-seen-as-key-to-health-law/ar-AAEt0TD
I don't understand this...I am hoping someone can explain. I am confused.
The Velveteen Ocelot
(115,840 posts)for trying (again) to repeal it.
Response to The Velveteen Ocelot (Reply #1)
AJT This message was self-deleted by its author.
wiley
(2,921 posts)It worked as well as the Republican tax fraud scam recently passed. Oops! The Republican tax fraud scam didn't generate money, jobs or revenue sharing with non-stockholders, and now we have a huge deficit that Republicans want to take money from SS for.
MichMan
(11,972 posts)Then it was never actually implemented. As I recall, the direct Student Loan program was also inserted into the ACA for similar reasons.
rlegro
(338 posts)signed an executive order banning the IRS from enforcing the individual mandate. Gee, I didn't know a president could unilaterally wipe out a law not only enacted, but which also survived a Supreme Court case.
https://www.insurancejournal.com/news/national/2017/02/16/442006.htm
VarryOn
(2,343 posts)They're not a good way to run things. Even if you get a good one, it's easily done away with by the next administration.
cstanleytech
(26,319 posts)other Repugnants were using it to rally their base.
Now with it out the way Trump will be forced even more to present his better than Obamacare plan and the Repugnants will be forced to support him or suddenly find a spine and choose to buck him.
customerserviceguy
(25,183 posts)the so-called Cadillac tax would be dealt with by a conference committee. Then, Scott Brown got elected to Teddy Kennedy's seat, so the House had to swallow the bill that had passed the Senate, negating the conference committee. Now is the reckoning of that decision.