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House Dems, GOP unite to repeal Obama health care tax

1 month 2 days 22 hours ago Wednesday, July 17 2019 Jul 17, 2019 July 17, 2019 7:50 PM July 17, 2019 in News
Source: Associated Press
WASHINGTON (AP) - House Democrats and Republicans are joining in a rare show of unity, voting overwhelmingly to repeal an unpopular tax on generous health insurance that's a symbol of former President Barack Obama's signature health care law.
  
The "Cadillac tax" has never gone into effect, since lawmakers kept delaying it. Wednesday's 419-6 vote increases chances that the Senate will follow the House, going for a full repeal.
  
Beginning in 2022, the tax would slap a 40% levy on the value of health insurance plans above roughly $11,000 for single coverage and $30,000 for family policies.
  
The idea was to help control costs, and repeal would add $193 billion to the federal deficit.
  
A broad coalition of business groups and unions pushed to kill tax, while policy experts mounted a lonely defense.

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