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White House Reaches Deal On Taxing Insurance Coverage
By: annie
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Thu, 01/14/2010 - 14:26
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According to The Washington Post, the White House has reached a tentative agreement with labor leaders to tax high-cost health insurance policies. The so-called Cadillac tax is a key source of financing for a proposal to dramatically expand health coverage to the uninsured. But it is also an important tool for reining in skyrocketing health care costs, and President Obama has insisted that it be included in the package.
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