Update: Paying for Health Care Reform
During the first week back, lawmakers worked steadily towards a compromise on how to pay for health care. The Senate proposes income taxes on individuals earning more than $500,000 and couples earning above $1 million. The House proposes an excise tax on “Cadillac” plans, employer sponsored plans costing more than $23,000 for a family. Congress is hopeful a decision will be made by Friday, January 15. To read more about their discussions, visit: