House Votes to Repeal the Cadillac tax

[YE]

https://twitter.com/repdinatitus/status/1151626844657111041

https://twitter.com/CNN/status/1151666194086354951

http://clerk.house.gov/evs/2019/roll493.xml

Good News!

[brucejoel99]

More like bad news. Repealing the tax adds to the national deficit & increases health care spending, & the full repeal of the tax eliminates one of the most consequential policy levers to actually lower health care costs.

It's ironic that, when it comes to sensible policies about what to do about spending, there's bipartisan agreement that we should fix what isn't broken.

[🐒Gods of Prosperity🔱🐲💸]

I've read that it's pretty much impossible to enforce, insurance companies can't even figure out how much they are supposed to pay under it due to it being a too-clever-by-half formula that doesn't fit with how insurance companies are structured.

[Green Line]

You know that whenever the two parties find themselves on the same side of an issue, something is very, very wrong.

This is gross fiscal irresponsibilty - and I say that as someone who hates fiscal responsibility.

[junior chįmp]

ACA:

2,300 pages the day it was passed
16,000 additional pages of regulations 7 years post passage
Doesnt cover everybody

Canadian Medicare Bill:

13 pages
Covers everyone

[brucejoel99]

I've read that it's pretty much impossible to enforce, insurance companies can't even figure out how much they are supposed to pay under it due to it being a too-clever-by-half formula that doesn't fit with how insurance companies are structured.

I think you're confusing the Cadillac tax for the HIT.