Both parties unite to repeal Obamacare Provision
In a rare instance of unity in the House of Representatives, both parties voted overwhelmingly in favor of repealing a provision of Obamacare known as the “cadillac tax.” The vote was 419 to 6 to repeal this unpopular provision which would levy a 40% surcharge on employers for providing too much health insurance to their employees. This surcharge was supposed to help pay for the cost of Obamacare but the implementation has already been delayed until 2022 and now if it passes the senate and gets signed into law the provision will be gone for good.
There was a lot of opposition to this provision from unions and other employers who tried to attract the best employees by offering exceptional health insurance. If the cadillac tax is not repealed, it will be much more expensive for employers to be able to continue providing the kind of health care that there employees have been accustomed to receiving in recent years.
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