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Unions Strike Deal With White House on Health Care Excise Tax
By Patricia Murphy - Politics DailyHouse and Senate negotiators have agreed on significant changes to the tax on high-dollar insurance plans in the health care bill, Richard Trumka, the president of the AFL-CIO, announced Thursday. The tax had become a critical area of disagreement between the House and Senate, with unions and many businesses objecting to the tax on grounds it would unfairly burden middle class workers. The modifications are a major victory for union members. Trumka said the new health care bill would: -- Raise the threshold for plans subject to the excise tax, which would begin in 2013, from $23,000 to $24,000 ...
'Cash for Caulkers' Program, Infrastructure Bank Proposed
By Joann M. Weiner - Politics DailyRiding on the recent success of the Cash for Clunkers program that gave U.S. consumers an incentive to replace their gas-guzzling cars with fuel-efficient ones, the president is considering a program that would encourage Americans to improve the energy efficiency of their homes. John Doerr, a venture capitalist with Kleiner Perkins Caulfield & Byers, proposed creating a Cash for Caulkers program to encourage Americans to improve their homes' efficiency. Doerr made the suggestion at Monday morning's meeting of the President's Economic Recovery Advisory Board (PERAB). ...
Union Boss: Compromise Public Option Not Good Enough
By Patricia Murphy - Politics DailyWith Senate Majority Leader Harry Reid poised to announce that the Senate version of health care reform will include a public option that would let states opt-out of the program, AFL-CIO President Richard Trumka said Monday that his members do not want anything less than a "robust" public option provision. "We cannot be in favor of reform for reform's sake," he said. "We have to make sure that reform is real and we have to be honest about that." When asked if he considers an opt-in or opt-out public option to be robust, Trumka said, "No," adding, "It's on its way. It's not there yet." During a ...
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