News Headlines Article

Senators raise pressure on health law’s “Cadillac Tax”
Chicago Tribune

A new bipartisan effort to cancel the Affordable Care Act’s Cadillac tax — the 40 percent levy on high-cost health insurance plans — adds a wrinkle to an impending fight in Congress.

The repeal bill unveiled Thursday in the Senate by Nevada Republican Dean Heller and New Mexico Democrat Martin Heinrich stands little chance of becoming law soon, especially with Barack Obama in the White House. Yet it demonstrates lawmakers’ frustration with the tax, which takes effect in 2018.