Political Quotes

“together we rise to share our concerns about the devastating impact of the Cadillac tax enacted as part of ObamaCare. As the Presiding Officer knows, I know, and those around the country know, the Cadillac tax is a 40-percent excise tax set to take effect in 2018 on employer-sponsored health insurance plans. My colleagues from across the country have heard the same concerns that I have. As both my friend from New Mexico and I have heard, this 40-percent tax will increase costs, significantly reduce benefits, or result in employers getting rid of their employer-sponsored health care coverage all together. This is precisely why Senator Heinrich and I have offered the Middle Class Health Benefits Tax Repeal Act of 2015, the only bipartisan piece of legislation that would fully repeal this onerous tax. Our bill has 22 bipartisan cosponsors. We all agree that this tax should be fully repealed because we know it will have a negative effect on hard- working, tax-paying Americans. This was clearly demonstrated last week when the Senate overwhelmingly supported and adopt our amendment to fully repeal the Cadillac tax by a vote of 90 to 10. Organized labor, the chamber of commerce, local and State governments, small businesses, seniors, and, together, 90 percent of the Senate--we put forth a solution to fix a problem affecting many Americans and their families. It is very rare these days to see this much agreement in Washington.…”