tangent4ronpaul
11-29-2010, 11:01 PM
http://thehill.com/blogs/healthwatch/other/131013-health-roundup-senate-greenlights-food-safety-bill-strikes-1099-provision
Senate fails again to strike 1099 healthcare reform provision: The Senate Monday evening failed for the second time to repeal a tax reporting requirement of the healthcare reform law that both parties agree should be scrapped. Monday's failed votes were on two amendments to food-safety legislation.
The 1099 provision requires businesses to file tax forms for business purchases of more than $600 a year. The Senate considered two amendments to repeal the provision — the first, from Sen. Mike Johanns (R-Neb.), would have offset the cost with unspent and unobligated federal dollars, to be identified by the Office of Management and Budget. It failed 61 to 35 because a two-thirds majority was needed for passage.
The second amendment, from Sen. Max Baucus (D-Mont.), was not paid for and would have added $19 billion to the deficit. It failed 44 to 53.
Similar amendments from Johanns and Sen. Bill Nelson (D-Fla.) already failed in September.
Before taking up the 1099 amendments, the Senate voted 69 to 26 to move forward on the food safety bill Monday evening. A vote on final passage has been scheduled for Tuesday (see below), and the House is then likely to pick up the Senate bill despite having passed its own version in July 2009.
The Obama administration has acknowledged that the 1099 provision creates unduly burdens on businesses and called for the Senate to repeal it.
Senate fails again to strike 1099 healthcare reform provision: The Senate Monday evening failed for the second time to repeal a tax reporting requirement of the healthcare reform law that both parties agree should be scrapped. Monday's failed votes were on two amendments to food-safety legislation.
The 1099 provision requires businesses to file tax forms for business purchases of more than $600 a year. The Senate considered two amendments to repeal the provision — the first, from Sen. Mike Johanns (R-Neb.), would have offset the cost with unspent and unobligated federal dollars, to be identified by the Office of Management and Budget. It failed 61 to 35 because a two-thirds majority was needed for passage.
The second amendment, from Sen. Max Baucus (D-Mont.), was not paid for and would have added $19 billion to the deficit. It failed 44 to 53.
Similar amendments from Johanns and Sen. Bill Nelson (D-Fla.) already failed in September.
Before taking up the 1099 amendments, the Senate voted 69 to 26 to move forward on the food safety bill Monday evening. A vote on final passage has been scheduled for Tuesday (see below), and the House is then likely to pick up the Senate bill despite having passed its own version in July 2009.
The Obama administration has acknowledged that the 1099 provision creates unduly burdens on businesses and called for the Senate to repeal it.