Excise tax questions re-emerging

AFL-CIO President Richard Trumka is headed into a meeting with President Obama this afternoon after the White House and Congressional leaders have begun to discuss a higher-than-expected excise tax on some health care plans, in order to maintain their claim that health care legislation will reduce the deficit, a source involved in health care talks said.

Any unexpected change to the health care plan could endanger support for the bill from labor, which agreed to back it after reductions to the planned excise tax. Proposed new changes, I’m told, concern cuts to the rate at which increases to the tax exemption cap are indexed.

A labor source said Trumka’s meeting would focus on the entire bill, not just the excise tax question.

via Excise tax questions re-emerging – Ben Smith – POLITICO.com.

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Filed under AFL-CIO, Barack Obama, Big Government, Government Spending, Healthcare Reform, Organized Labor, Progressives

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