House notches rare bipartisan vote to repeal part of Obamacare
Thursday, July 18, 2019 | Tag Cloud Tags: Democrat, healthcare, News, Obamacare, tax, Washington, Worthy News | Learn about our FREE SYNDICATION Service | Sign up for our Worthy Briefs! | Printer Friendly
(Worthy News) – Republicans and Democrats came together Wednesday to perform an act rarely seen on Capitol Hill: voting to repeal part of Obamacare.
The legislation, the Middle Class Health Benefits Tax Repeal Act, passed easily via a procedural process meant to expedite uncontroversial legislation. Only six lawmakers voted against it. The bill gutted the Obamacare “Cadillac Tax,” which is a 40% excise tax on health insurance coverage deemed overly generous.
The “Cadillac Tax” was once seen as integral to funding the healthcare law but is now widely viewed by lawmakers as a penalty on the middle class. [ Source: Washington Examiner (Read More…) ]
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