Daily News

Alliance Urges Congress To Act Quickly On 'Cadillac' Tax Repeal

August 24, 2015
A wide-ranging coalition of stakeholders opposed to the forthcoming 40-percent tax on high-cost health plans has penned a new letter to Congress, asking members to act as quickly as possible to repeal the provision upon return from the August work period. The “Alliance to Fight the 40,” which includes unions and businesses, argued that the tax will hit far many more health plans than Congress intended, and further pointed out that the Congressional Budget Office's (CBO) projection that the tax...

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