Though efforts to repeal the Affordable Care Act have continually been unsuccessful, the omnibus spending bill just signed by the president shows that ACA opponents are likely to have more luck targeting smaller chunks of the law, according to the Associated Press.
A $1.1 trillion budget and tax deal unveiled Tuesday includes several measures that will tweak the Affordable Care Act, but the healthcare law will continue despite delays in some of the taxes intended to help fund it, according to analysts.
Lawmakers in the House reached a deal Tuesday on a $1.1 trillion spending bill and a package of tax breaks that includes a tentative agreement to delay the Affordable Care Act's controversial Cadillac tax by two years, suspend the medical device tax through 2017 and delay the ACA's fee on health insurers for one year, the New York Times reports.
The potential one-year delay of an Affordable Care Act tax could prevent health insurers from paying several billions of dollars annually to the U.S. government in 2017 and 2018, Morning Consult reports.
The Obama administration will "strongly oppose" efforts by Congress to repeal the Cadillac tax, White House spokesman Josh Earnest said Wednesday.
A broader package of tax extenders that lawmakers are working to iron out this week could include a two-year delay on the Cadillac tax and the medical device tax, plus a one-year delay on a health tax on insurers, Morning Consult reports.
The Senate voted 52-47 Thursday to pass legislation that would repeal large swaths of the Affordable Care Act, a bill certain to be vetoed by President Barack Obama.
Both Democratic and Republican lawmakers are hoping to make some broad changes to the Cadillac tax by the end of the year, but they say that the missing part is any word from the White House, according to The Hill.
There's a battle brewing regarding the Cadillac tax, and this time it's not in politics. Economists believe the Cadillac tax that will apply to expensive health insurance plans will ultimately raise wages, but there may actually be little evidence to support this.
Opponents of the Cadillac tax now say they are willing to compromise in their effort to repeal the controversial provision of the Affordable Care Act.