Free Website Directory Politics Alabama: Breaking: Senate Approves Amendment To Repeal Part Of ObamaCare

Wednesday, February 2, 2011

Breaking: Senate Approves Amendment To Repeal Part Of ObamaCare

The Senate just approved an amendment that would remove the 1099 reporting requirement that was enacted as part of ObamaCare. The "lost revenue" would be paid for using money allocated for other purposes but never spent.
http://www.politico.com/news/stories/0211/48726.html

The Senate voted Wednesday for the first time to repeal a piece of President Barack Obama’s health care overhaul, rolling back a new tax reporting requirement that’s been universally panned by business owners.

The amendment to repeal the 1099 reporting requirement passed 81-17 with broad bipartisan support.

So, let's see how the rest of the repeal efforts go.


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