The tax, imposed by the Affordable Care Act, would impose a 40 percent levy on the most generous health plans.
Cadillac tax
Posted inPolitics
Obamacare repeal would roll back dozens of federal taxes
WASHINGTON — The Senate health care bill, called the Better Care Reconciliation Act, would roll back nearly $1 trillion in diverse taxes imposed by the Affordable Care Act to expand coverage to poor and middle-income individuals. But analysts say 40 percent of the tax breaks would benefit 1 percent of the nation’s richest people, giving critics ammunition against GOP efforts to repeal and replace Obamacare.
Posted inNews
Obama budget would cut Black Hawks, F-35s, boost Pell grants, Head Start
WASHINGTON — President Obama’s 2017 proposed budget, released Tuesday, would sharply cut funding for Connecticut -made Sikorsky Black Hawk helicopters and trim the number of F-35s the Pentagon would buy, while boosting spending on certain domestic priorities.
Posted inPolitics
For CT delegation, a flurry of successes in a blizzard of bills
WASHINGTON – Sen. Richard Blumenthal sponsored and co-sponsored 377 bills and amendments in 2015, more than any other U.S. senator. But a Connecticut Mirror analysis found other Connecticut lawmakers were busy, too.
Posted inHealth, Politics
Courtney expects partial victory on ending ACA’s ‘Cadillac tax’
WASHINGTON — Rep. Joe Courtney expects to soon have at least a partial victory in his effort to eliminate a provision in the Affordable Care Act that has been attacked by both labor and business groups.
Posted inHealth, Politics
Courtney aiming to end Obamacare’s ‘Cadillac tax’
WASHINGTON – Rep. Joe Courtney has plunged into the latest fight over the Affordable Care Act, attacking the so-called “Cadillac tax” that will eventually be implemented on high-cost health care policies.