Key Senate Democrats, bidding for bipartisan support on health care, pared back subsidies designed to make insurance more affordable on Thursday and floated a compromise that rules out direct government competition against private insurers.Barack Obama
Congressional aides say Democrats are eager to exempt union contracts from the proposed tax, but Republicans want to include them. In its most recent form, the proposal would impose a tax on plans in which the combined employer and employee premiums are above about $17,000.
That would raise an estimated $270 billion over a decade, less if union-negotiated plans were exempt.
Thursday, June 18, 2009
No Public Option In Senate Finance Health Care Bill