Tuesday, December 8, 2015

Tax deal could gut Obamacare revenue



House Ways and Means Committee Chairman Kevin Brady, R-Texas, said Republicans and Democrats could strike an accord that at least postpones Obamacare's so-called Cadillac tax on high-end insurance plans, as well as the medical device tax.

"We are going to take a serious look at having a pause for the medical device and Cadillac tax," Brady said Tuesday after a closed-door GOP conference meeting near the Capitol. "Probably several years, but it hasn't been determined."