Renewable Revolution

Star Member RKP5637 (57,068 posts)   Response to brooklynite Mon Dec 16, 2019, 11:05 AM

2. Yet another day in "UC" United Corporatism, formerly known as "US" United States.

One day to be known as "UD" United Dystopia! The fallen Rome of the 21st Century.

Star Member brooklynite (56,533 posts)     Mon Dec 16, 2019, 10:45 AM

Congress to permanently repeal 3 major health taxes in year-end spending deal
Source: Politico

Congress is expected to permanently repeal three major health industry taxes that were supposed to help pay for Obamacare in a final year-end spending agreement, in a big win for the health care industry.

Lawmakers have agreed to ax the Cadillac tax on pricey employer plans, a 2.3 percent tax on medical devices and a health insurance fee, four individuals familiar with the talks confirmed to POLITICO on Monday.

Congressional leaders struggled over the weekend to wrap up the remaining disputes over what would be included in the nearly $1.4 trillion fiscal 2020 spending text and which policy bills would ride to enactment along with the appropriations measures. While leaders are still racing to finalize a deal, top appropriators are said to be on track to release the text of the final fiscal 2020 funding bills by midday, setting up passage in both the House and Senate this week.

The repeal of the three taxes represents an expensive windfall victory for the health care industry 
, which lobbied intensely against all three taxes since they were first mandated by the Affordable Care Act.

Read more: https://www.politico.com/news/2019/12/16/congress-repeal-major-health-care-taxes-spending-deal-086138