Sunday, January 10, 2010

House Considers Payroll, Excise Taxes for Health Plan

Bloomberg reports:
U.S. House lawmakers may agree to pay for the nation’s health-care overhaul by adopting versions of Senate proposals to raise Medicare payroll taxes and tax health benefits for the first time, Democratic aides said.

House leaders may also discard a plan to impose a surtax on the wealthiest Americans, which has come under fire from some Senate Democrats, aides said.