Senate Sends Repeal of Healthcare Law’s 1099 Tax Provision to Obama

April 5, 2011

  • April 6, 2011 at 2:33 pm
    CT Agent says:
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    Sure he’ll sign it…this is one of the pork items that he knows was ridiculous to put in there in the first place! Too bad the Senate can’t put the ENTIRE bull-I mean, bill, under his nose to have him sign…

  • April 6, 2011 at 2:48 pm
    GB says:
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    This business about the lost revenue is nonsense. As I recall, the estimated revenue for the 1099 provision was 17 bil over 10 years. That is 1.7 bil per year. That is about .0006 of the annual budget, an amount the govt spends in about 5 hours. So the “estimate” purports to calculate the amount of money the govt will take in during a five-hour period in 2021!



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