Mr. President, let's talk for a minute about the Vitter amendment that is on the floor. One-half of all Americans have a common experience. The experience is this: They get health insurance where they work--one-half of all Americans. For virtually all of them, their employer pays for part of their health insurance premium and the employer gets a tax break. If you own a company and offer health insurance to your employees, we have what we call the employer's exclusion for health care benefits. In other words, what you pay for your employees' health insurance is excluded from your income for tax purposes. It is one of the most expensive exclusions in the Tax Code, but it is a valuable one because it encourages businesses to offer health insurance to their employees, which is important for those families, important for our Nation. Of course, when it comes to the Federal Government, the same rule applies. The employer--the Federal Government--offers health insurance to its employees under what is known as the Federal Employees' Health Benefits Program. Eight million Americans, representing Federal employees and their families, get their health insurance through the Federal Employees' Health Benefits Program. It includes Members of Congress. We do not have a special health insurance plan. We have the same plan that millions of Federal employees have. And our staff enjoy those same privileges. Well, now we are in a period of transition because of the new Affordable Care Act.…
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