Strong Disagreement with House Leadership’s Health Care Bill

By October 30, 2009Health Care, Taxation

From The Hill, “Business and drug groups blast bill; doctors are uneasy“:

Business groups blasted the House healthcare bill released Thursday, and a key trade association for doctors declined to endorse it.

Health insurance and pharmaceutical industries that take hard hits from the bill also took shots, saying it would drive up costs for seniors and companies alike.

Organizations representing employers remain deeply concerned about the bill’s mandate for employers to provide insurance, the public insurance option and the income surtax on people earning more than $500,000.

Forbes, “Health Reform by Bleeding the Rich“: “The House health care bill is a big milestone in the overall health care reform effort. But it’s also solidifying opposition among deep-pocketed insurers, manufacturers and millionaires.”

The article by Brian Wingfield focuses on the opposition to the House bill’s 5.4 percent income tax surcharge, which would hit many small businesses and manufacturers who file as individual taxpayers.

NAM President John Engler’s statement on the House bill is here.

UPDATE (11:30 a.m.): The Hill cites a letter written to House leaders by employer groups, including the National Association of Manufacturers. A copy is here.

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