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Reid, Baucus move to repeal 1099 provision
Modern Healthcare

The two Democratic leaders in the Senate most responsible for enactment of the healthcare reform law last year are now pushing for a change in the law, even as they fight off Republican efforts to make other changes or repeal the entire measure.

Senate Majority Leader Harry Reid (D-Nev.) and Max Baucus (D-Mont.), chairman of the Senate Finance Committee, introduced legislation Tuesday that would repeal the healthcare law’s requirement for businesses to report every vendor payment valued at $600 or more to the IRS using Tax Form 1099.

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