Wednesday, April 06, 2011

The first piece of Obamacare to fall...

Senate repeals health law's 1099 provision
After a months-long battle, the Senate voted Tuesday, 87 to 12, to repeal the 1099 tax-reporting requirement in Democrats’ healthcare reform bill.

The measure now goes to the president, who is expected to sign it, making it the first part of his party’s signature reform bill to be scrapped.
This provision, and the fantasy tax revenues it would have produced, were part of the Democrats argument that Obamacare wasn't a budget-buster. Now that it's gone, they'll obviously adjust their argument and rhetoric.

Of course, everything they've said about the budget impact has been a lie from the beginning, so my guess is that this won't stop the lies, either...




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