Reid Backs House Version of 1099 Repeal
Senate Majority Leader Harry Reid, D-Nev., went on record saying he liked the House's pay-for provision - which has drawn opposition from many Democrats - better than the Senate's approach.
The Hill: Reid Backing House Pay-For On 1099 Repeal
Senate Majority Leader Harry Reid (D-Nev.) suggested Tuesday that he prefers the pay-for included in the House version of a 1099 repeal that many House Democrats oppose. "The 1099 is something we're going to look at," Reid told reporters Tuesday. "Me, personally, I like the House pay-for better than ours, so we'll have to see." The debate isn't whether to repeal the provision, which requires businesses to file 1099 forms to the IRS for any vendor purchases of $600 or more, it's how to pay for it. The White House and House and Senate lawmakers across both parties back the elimination of the 1099 provision but are at odds over how to make up for $22 billion in lost revenue as projected by the Joint Committee on Taxation (Needham, 3/8).
Politico Pro: Reid Supports House 1099 Repeal
Senate Majority Leader Harry Reid on Tuesday said he supports the House-passed bill to repeal the health overhaul law's 1099 reporting provisions, setting up a likely fight with other Democrats who oppose it. But if he allows the Senate to pass the bill, it could bring final closure to repealing a piece of the law that's widely disliked. The Senate is slated later this week to take up the House-passed repeal bill, which is paid for by altering the way people would have to repay excess health subsidies (Haberkorn, 3/8).
Meanwhile, The Wall Street Journal explores another health-related policy issue that stems from the overhaul.
The Wall Street Journal: In Health Law, Rx For Trouble
Patients are demanding doctors' orders for over-the-counter products because of a provision in the health-care overhaul that slipped past nearly everyone's radar. It says people who want a tax break to buy such items with what's known as flexible-spending accounts need to get a prescription first (Adamy, 3/9).