Author Topic: 1099 repeal passes both Houses, onto Obummer for sig.  (Read 1736 times)

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Online Pandora

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1099 repeal passes both Houses, onto Obummer for sig.
« on: April 05, 2011, 07:52:21 PM »
Congress on Tuesday passed the first major changes to last year’s health care law,
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undoing both a burdensome paperwork requirement for small businesses and rewriting part of the way the health exchange subsidies are paid for.

The changes are complex and don’t affect the fundamental operations of the health law, but Republicans said they are symbolic nonetheless because they mark the first repeals of significant provisions from Democrats’ signature legislative achievement under President Obama.

The bill passed the Senate on Tuesday with strong bipartisan support, 87-12, and goes to Mr. Obama, who will face a big test over whether to sign it. He has said he wants to repeal the paperwork requirement, but the administration has objected to rewriting the way subsidies in the exchange are funded, arguing it may make people less enthusiastic about joining.

After the bill passed, White House press secretary Jay Carney said Mr. Obama is “open to working with Republicans and Democrats to improve the health reform law, and we are pleased Congress has acted to correct a flaw that placed an unnecessary bookkeeping burden on small businesses.”

Sen. Orrin G. Hatch, Utah Republican, called the bill “a down payment on total repeal of the onerous health care law.”

The measure has become known as the “1099 repeal” because it would relieve businesses of having to file 1099 tax forms for any person or company to which they pay at least $600 in a year.

“Passing the 1099 repeal exemplifies why I came to the United States Senate,” said Sen. Mike Johanns, Nebraska Republican, who has led the fight for repeal in the upper chamber.

The bill marks a major victory for House Republicans, who wrote the bill the Senate passed.

The 1099 filing requirement was included in last year’s health law to try to raise money to pay for some of the new benefits. The goal was to try to force companies to accurately report their finances, which would make it easier to check whether they are complying on their taxes.
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charlesoakwood

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Re: 1099 repeal passes both Houses, onto Obummer for sig.
« Reply #1 on: April 05, 2011, 08:31:19 PM »
Congress on Tuesday passed the first major changes to last year’s health care law,
Quote
 
...
Sen. Orrin G. Hatch, Utah Republican, called the bill “a down payment on total repeal of the onerous health care law.”

We expect you to keep your promise, Senator Hatch..


Offline Alphabet Soup

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Re: 1099 repeal passes both Houses, onto Obummer for sig.
« Reply #2 on: April 05, 2011, 09:00:35 PM »
The left is approaching this like a throwaway meant to deflate any notion of total repeal. Boy won't they be surprised!

Offline IronDioPriest

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Re: 1099 repeal passes both Houses, onto Obummer for sig.
« Reply #3 on: April 05, 2011, 09:03:49 PM »
Now what will the thousands of new IRS agents funded by ObamaCare be doing?
"A strict observance of the written laws is doubtless one of the high duties of a good citizen, but it is not the highest. The laws of necessity, of self-preservation, of saving our country when in danger, are of higher obligation. To lose our country by a scrupulous adherence to written law, would be to lose the law itself, with life, liberty, property and all those who are enjoying them with us; thus absurdly sacrificing the end to the means."

- Thomas Jefferson

Online Pandora

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Re: 1099 repeal passes both Houses, onto Obummer for sig.
« Reply #4 on: April 05, 2011, 09:25:06 PM »
Now what will the thousands of new IRS agents funded by ObamaCare be doing?

Combing over your stuff.
"Under certain circumstances, profanity provides a relief denied even to prayer." - Mark Twain

"Let us assume for the moment everything you say about me is true. That just makes your problem bigger, doesn't it?"

Offline Alphabet Soup

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Re: 1099 repeal passes both Houses, onto Obummer for sig.
« Reply #5 on: April 05, 2011, 09:34:28 PM »
Now what will the thousands of new IRS agents funded by ObamaCare be doing?

Combing over your stuff.

If I'm in line for anal probing it better by god be done by experts!


Offline Libertas

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Re: 1099 repeal passes both Houses, onto Obummer for sig.
« Reply #6 on: April 06, 2011, 07:11:27 AM »
Now what will the thousands of new IRS agents funded by ObamaCare be doing?

Combing over your stuff.

If I'm in line for anal probing it better by god be done by experts!



How do we know the IRS haven't already hired them?

 ::hysterical::
We are now where The Founders were when they faced despotism.

Offline AlanS

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Re: 1099 repeal passes both Houses, onto Obummer for sig.
« Reply #7 on: April 06, 2011, 04:55:35 PM »
We expect you to keep your promise, Senator Hatch..



I'm not holding my breath there.
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