Senate overwhelmingly votes to repeal Cadillac tax
- On Thursday, the Senate voted 90-10 to include an amendment to repeal the Affordable Care Act’s (ACA) “Cadillac tax” within an omnibus spending bill.
- The White House has already stated it will veto the bill if Congress approves the package.
- The vote shows there is veto-proof bipartisan support in the Senate for repealing the Cadillac tax.
While the move is more symbolic as the Obama administration has stated it will veto the measure, it is signficant as the vote shows major bipartisan support for repealing the controversial tax. From Democrats to Republicans to employers, it seems the main advocates for the tax are 101 economists.
Repealing the tax would remove nearly $90 billion from the ACA over a decade, according to The Hill, adding the future is unclear to what, if any, middle ground can be reached between the White House and the many, many Cadillac tax opponents.
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