Congress Won't Whack the Cadillac
In this case the Middle Class Health Benefits Tax Repeal Act of 2019 has 361 co-sponsors – 83% of all members.
So, why then with such huge bipartisan support will repeal fail? It is simple, from an IB post back in January of 2018:
In this installment of Congressional drama the supermajority will use the opposite angle saying that they can’t kill the tax without offsetting revenues. They will again claim to be good stewards of our tax dollars and voice how much they dislike the tax.
But when the dust has settled the Cadillac Tax will live. Probably to never see the light of day except on those occasions where playing politics allows it to briefly see the light of day.
Source: http://insureblog.blogspot.com/2019/07/congress-wont-whack-cadillac.html
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